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HB1053 • 2026

GO Virginia grants; matching funds.

<p class=ldtitle>A BILL to amend and reenact the second enactment of Chapter 525 of the Acts of Assembly of 2020, as amended and reenacted by Chapter 146 of the Acts of Assembly of 2021, Special Session I, by Chapter 137 of the Acts of Assembly of 2022, and by Chapter 298 of the Acts of Assembly of 2023, relating to GO Virginia Grants; matching funds.</p>

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Phillips
Last action
2026-02-25
Official status
Failed
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on how much money can be used as matching funds or which localities will benefit from this change.

GO Virginia Grants: Matching Funds

This bill allows localities to use grant funds from the Tobacco Region Revitalization Commission as matching funds for GO Virginia grants.

What This Bill Does

  • Extends a program that was set to expire on July 1, 2025.
  • Allows local areas to use money given by the Tobacco Region Revitalization Commission as part of their contribution when applying for GO Virginia grants.

Who It Names or Affects

  • Localities in Virginia that receive grants from the Tobacco Region Revitalization Commission.
  • People or organizations applying for GO Virginia grants

Terms To Know

GO Virginia Grants
Grants given to help local areas in Virginia grow and improve their economy.
Tobacco Region Revitalization Commission
A group that gives out grants to help areas affected by the tobacco industry.

Limits and Unknowns

  • The bill does not specify how much money can be used as matching funds.
  • It is unclear which localities will benefit from this change.
  • The exact effective date of the bill has not been set.

Bill History

  1. 2026-02-25 Finance and Appropriations

    Passed by indefinitely in Finance and Appropriations (10-Y 5-N)

  2. 2026-02-09 Senate

    Constitutional reading dispensed (on 1st reading)

  3. 2026-02-09 Finance and Appropriations

    Referred to Committee on Finance and Appropriations

  4. 2026-02-06 House

    Reconsideration of passage agreed to by House

  5. 2026-02-06 House

    Passed by until end of 3rd Reading Regular Calendar

  6. 2026-02-06 House

    Passed House (97-Y 1-N 0-A)

  7. 2026-02-05 House

    Read third time and defeated by House (33-Y 64-N 0-A)

  8. 2026-02-04 House

    Moved from Uncontested Calendar to Regular Calendar

  9. 2026-02-04 House

    Read second time and engrossed

  10. 2026-02-03 House

    Read first time

  11. 2026-01-30 Appropriations

    Reported from Appropriations (21-Y 0-N)

  12. 2026-01-28 Commerce Agriculture & Natural Resources

    Subcommittee recommends reporting (5-Y 0-N)

  13. 2026-01-23 House

    Fiscal Impact Statement from Department of Planning and Budget (HB1053)

  14. 2026-01-22 Commerce Agriculture & Natural Resources

    Assigned HAPP sub: Commerce Agriculture & Natural Resources

  15. 2026-01-14 House

    Prefiled and ordered printed; Offered 01-14-2026 26104096D

  16. 2026-01-14 Appropriations

    Referred to Committee on Appropriations

Official Summary Text

GO Virginia grants; matching funds.
Reinstates the program that previously expired on July 1, 2025, allowing a locality to use grant funds awarded by the Tobacco Region Revitalization Commission as matching funds for GO Virginia grants.

Current Bill Text

Read the full stored bill text 
A BILL to amend and reenact the second enactment of Chapter 525 of the Acts of Assembly of 2020, as amended and reenacted by Chapter 146 of the Acts of Assembly of 2021, Special Session I, by Chapter 137 of the Acts of Assembly of 2022, and by Chapter 298 of the Acts of Assembly of 2023, relating to GO Virginia Grants; matching funds.

Be it enacted by the General Assembly of Virginia:

1. That the second enactment of Chapter 525 of the Acts of Assembly of 2020, as amended and reenacted by Chapter 146 of the Acts of Assembly of 2021, Special Session I, by Chapter 137 of the Acts of Assembly of 2022, and by Chapter 298 of the Acts of Assembly of 2023, is amended and reenacted as follows:

2. That the provisions of this act shall
expire on
be effective
until

July 1, 2025
, and on and after July 1, 2026
.