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Home » US Law » 2022 Code of Virginia » Title 59.1 - Trade and Commerce » Chapter 22.16 - Pharmaceutical Manufacturing Grant Program

§ 59.1-284.35. Definitions

A. As used in this section, unless the context requires a different meaning: “Capital investment” means an expenditure by or on behalf of a qualified company on or after March 1, 2019, in real property, tangible personal property, or both, at a facility in an eligible county that is properly chargeable to a capital account […]

§ 59.1-284.36. Pharmaceutical Manufacturing Grant Fund created

A. There is hereby created in the state treasury a special nonreverting fund to be known as the Pharmaceutical Manufacturing Grant Fund. The Fund shall be established on the books of the Comptroller. All funds appropriated to the Fund shall be paid into the state treasury and credited to the Fund. Interest earned on moneys […]

§ 59.1-284.37. Resources for public institutions of higher education

A. To support the needs of a qualified company, and other manufacturers and companies engaged in research and development in and near a qualified county, up to $2,525,000 shall be made available to a comprehensive community college and a baccalaureate public institution of higher education in or near an eligible county. Subject to appropriation, such […]