{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/59.1-284.23.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/59.1-284.23.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/59.1-284.23.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/59.1-284.23.html"}],"law_id":372883,"edition_id":2,"section_id":372883,"structure_id":53052,"section_number":"59.1-284.23","catch_line":"Advanced Shipbuilding Training Facility Grant Program; eligible city","history":"2009, cc. 798, 850; 2011, c. 749.","full_text":"A\n\nAs used in this section:\n\t\t\t&#8220;Advanced shipbuilding&#8221; means (i) the manufacture, construction, assembly, overhaul, repair, and test of nuclear vessels and submarines for the U.S. Navy; (ii) the design or development of nuclear vessels and submarines for the U.S. Navy; or (iii) the manufacturing activities of a private company described under 2007 index number 336611 of the North American Industry Classification System.\n\n\t\t\t&#8220;Base training expense&#8221; means the total expenditures made by a qualified shipbuilder in 2008 that directly and indirectly support training activities.\n\n\t\t\t&#8220;Capital investment&#8221; means an investment in real property, tangible personal property, or both, within the Commonwealth.\n\n\t\t\t&#8220;Eligible city&#8221; means the City of Newport News or its industrial development authority.\n\n\t\t\t&#8220;Grant&#8221; means the advanced shipbuilding training facility grant as described in this section.\n\n\t\t\t&#8220;Memorandum of understanding&#8221; means a performance agreement entered into on or before August 31, 2011, among a qualified shipbuilder, the Commonwealth, and others as appropriate, such as the eligible city, setting forth the requirements for capital investment, training costs, and the creation of new full-time jobs that will make the qualified shipbuilder eligible for a grant under this section.\n\n\t\t\t&#8220;New full-time job&#8221; means employment of an indefinite duration in an eligible city, created as the direct result of capital investment, for which the average annual wage is at least equal to the prevailing average annual wage in an eligible city and for which the standard fringe benefits are paid by the qualified shipbuilder, requiring a minimum of either (i) 35 hours of an employee&#8217;s time per week for the entire normal year of such qualified shipbuilder&#8217;s operations, which &#8220;normal year&#8221; must consist of at least 48 weeks, or (ii) 1,680 hours per year. Seasonal or temporary positions and positions created when a job function is shifted from an existing location in the Commonwealth shall not qualify as new full-time jobs under this section. Other positions, which may or may not be of indefinite duration, including supplemental employees of affiliates, subsidiaries, joint ventures, contractors, or subcontractors of the qualified shipbuilder, may be considered new full-time jobs, if so designated as such in the memorandum of understanding between such qualified shipbuilder, the Commonwealth, and others.\n\n\t\t\t&#8220;New training facility&#8221; means a facility that, pursuant to a Memorandum of Agreement with the Secretary, is to be operated by the qualified shipbuilder for use by the shipbuilding industry, primarily to provide education, training and retraining of workers in the shipbuilding industry. Such training facility may be owned by the qualified shipbuilder, or may be operated by the qualified shipbuilder through a lease agreement with the eligible city, a local industrial development authority, or a private developer.\n\n\t\t\t&#8220;Qualified shipbuilder&#8221; means a shipbuilder located in an eligible city that (i) makes a new capital investment of at least $300 million from January 1, 2009 through December 31, 2011, related to advanced shipbuilding in an eligible city; (ii) creates at least 1,000 new full-time jobs in an eligible city for advanced shipbuilding or activities ancillary to or supportive of advanced shipbuilding; (iii) maintains an apprenticeship program accredited by the Council for Occupational Education with an average annual enrollment of at least 750 and articulation agreements with local comprehensive community colleges that allow its graduates to qualify for accredited associate degrees from those institutions; and (iv) maintains a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the base training expense.\n\n\t\t\t&#8220;Secretary&#8221; means the Secretary of Commerce and Trade or his designee.\n\nB\n\nAny qualified shipbuilder located in an eligible city shall be eligible to receive a grant each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012, and ending with the Commonwealth&#8217;s fiscal year starting on July 1, 2016, unless such time frame is extended in accordance with subsection C or D. The grants under this section (i) shall be paid, subject to appropriation by the General Assembly, from a fund entitled the Advanced Shipbuilding Training Facility Fund, which Fund is hereby established on the books of the Comptroller; (ii) shall not exceed $25 million in the aggregate; (iii) shall be paid to a qualified shipbuilder during each fiscal year contingent upon the qualified shipbuilder meeting the requirements for the aggregate of (a) number of new full-time jobs created and the substantial retention of the same, (b) maintenance of base training expenses, and (c) amount of the capital investment made and substantially retained, as set forth in the memorandum of understanding; and (iv) shall be expended by the qualified shipbuilder on training costs or to pay the capital or lease cost of any new training facility to provide that training.\n\n1\n\nThe amount of the grant to be paid in each fiscal year shall be conditional upon the qualified shipbuilder meeting the requirements for (i) the aggregate number of new full-time jobs created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of such fiscal year; (ii) the aggregate amount of the capital investment made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of such fiscal year; and (iii) maintaining a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the base training expense. If the qualified shipbuilder has not fully met the grant requirements by December 31, 2011, the period of eligibility may be extended for up to three years, provided that the grants in any given fiscal year shall not exceed $5 million, plus any amounts deferred in accordance with subsection C or D. Grants shall be paid based upon such requirements as agreed to on or before August 31, 2011, regardless if such memorandum of understanding is later modified, amended, superseded, or otherwise changed;\n\n2\n\nThe aggregate amount of grants that may be awarded in a particular fiscal year shall not exceed the following:\n\t\t\t\ta. $5 million for the Commonwealth&#8217;s fiscal year beginning July 1, 2012;\n\n\t\t\t\tb. $10 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2013;\n\n\t\t\t\tc. $15 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2014;\n\n\t\t\t\td. $20 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2015; and\n\n\t\t\t\te. $25 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2016; and\n\n3\n\nGrants provided by this section shall not exceed $25 million in the aggregate or the aggregate total of training costs expended by a qualified shipbuilder during the period, whichever is less.\n\nC\n\nAny qualified shipbuilder applying for a grant under this section shall provide evidence, satisfactory to the Secretary, of (i) the aggregate number of new full-time jobs created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid; (ii) the aggregate amount of the capital investment made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid; and (iii) the aggregate amount of base training expenses as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid. The application and evidence shall be filed with the Secretary in person or by mail no later than April 1 each year following the calendar year in which the qualified shipbuilder meets such aggregate new full-time job requirements and aggregate capital investments. Failure to meet the filing deadline shall result in a deferral of a scheduled grant payment set forth in subsection B. For filings by mail, the postmark cancellation shall govern the date of the filing determination.\n\nD\n\nThe memorandum of understanding may provide that if a grant payment has been deferred for any reason, including the initial failure to meet the aggregate capital investment or the aggregate new full-time job requirements or the aggregate base training expenses set forth in the memorandum of understanding or the occurrence of any substantial reduction in such new full-time job requirements or capital investment requirements after such requirements have been met but before the grant payment has been made, payment in a subsequent fiscal year for which such requirements have been met for the immediately preceding calendar year shall include both the deferred payment and the scheduled grant payment as provided in subsection B or that a proportional payment, based on the proportional share of the required additional full-time jobs, be made.\n\nE\n\nAs a condition of receipt of a grant, a qualified shipbuilder shall make available to the Secretary or his designee for inspection upon his request relevant and applicable documents to determine whether the qualified shipbuilder has met the requirements for the receipt of grants as set forth in this section and subject to the memorandum of understanding. The Comptroller shall not draw any warrants to issue checks for the grant program under this section without a specific appropriation for the same. All such documents appropriately identified by the qualified shipbuilder shall be considered confidential and proprietary.\n\nF\n\nAn eligible city shall be eligible to receive a grant from the Advanced Shipbuilding Training Facility Fund established under subsection B each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012. The grants under this subsection may be paid to the eligible city subject to a memorandum of understanding between the Secretary, the eligible city, and the qualified shipbuilder that provides that (i) the eligible city or a private developer will build a new training facility for use by the qualified shipbuilder and the qualified shipbuilder will use the new training facility during the grant period; (ii) the new training facility is part of a development plan approved by the eligible city and the qualified shipbuilder that includes additional private capital investment adjacent to the new training facility that is equal to or greater than the cost of the facility; and (iii) the qualified shipbuilder waives its right to apply for grants under subsection B. Grants to an eligible city may be used only for the construction, lease, or lease-purchase of the new training facility, including related debt service or repayment of any loans whose proceeds are used for such costs. The memorandum of understanding may provide for a total amount of grants under this subsection of not more than $42 million, subject to appropriation by the General Assembly, and for a period of eligibility of up to 10 years, unless such time frame is extended in accordance with subsection C or D, and may provide for a contractual agreement for payments by the Commonwealth. At the conclusion of the grant period, the qualified shipbuilder shall have the right to assume ownership of the new training facility.\n\n","order_by":null,"text":{"0":{"id":1390663,"text":"As used in this section:\n\t\t\t&#8220;Advanced shipbuilding&#8221; means (i) the manufacture, construction, assembly, overhaul, repair, and test of nuclear vessels and submarines for the U.S. Navy; (ii) the design or development of nuclear vessels and submarines for the U.S. Navy; or (iii) the manufacturing activities of a private company described under 2007 index number 336611 of the North American Industry Classification System.\t\t\t&#8220;Base training expense&#8221; means the total expenditures made by a qualified shipbuilder in 2008 that directly and indirectly support training activities.\t\t\t&#8220;Capital investment&#8221; means an investment in real property, tangible personal property, or both, within the Commonwealth.\t\t\t&#8220;Eligible city&#8221; means the City of Newport News or its industrial development authority.\t\t\t&#8220;Grant&#8221; means the advanced shipbuilding training facility grant as described in this section.\t\t\t&#8220;Memorandum of understanding&#8221; means a performance agreement entered into on or before August 31, 2011, among a qualified shipbuilder, the Commonwealth, and others as appropriate, such as the eligible city, setting forth the requirements for capital investment, training costs, and the creation of new full-time jobs that will make the qualified shipbuilder eligible for a grant under this section.\t\t\t&#8220;New full-time job&#8221; means employment of an indefinite duration in an eligible city, created as the direct result of capital investment, for which the average annual wage is at least equal to the prevailing average annual wage in an eligible city and for which the standard fringe benefits are paid by the qualified shipbuilder, requiring a minimum of either (i) 35 hours of an employee&#8217;s time per week for the entire normal year of such qualified shipbuilder&#8217;s operations, which &#8220;normal year&#8221; must consist of at least 48 weeks, or (ii) 1,680 hours per year. Seasonal or temporary positions and positions created when a job function is shifted from an existing location in the Commonwealth shall not qualify as new full-time jobs under this section. Other positions, which may or may not be of indefinite duration, including supplemental employees of affiliates, subsidiaries, joint ventures, contractors, or subcontractors of the qualified shipbuilder, may be considered new full-time jobs, if so designated as such in the memorandum of understanding between such qualified shipbuilder, the Commonwealth, and others.\t\t\t&#8220;New training facility&#8221; means a facility that, pursuant to a Memorandum of Agreement with the Secretary, is to be operated by the qualified shipbuilder for use by the shipbuilding industry, primarily to provide education, training and retraining of workers in the shipbuilding industry. Such training facility may be owned by the qualified shipbuilder, or may be operated by the qualified shipbuilder through a lease agreement with the eligible city, a local industrial development authority, or a private developer.\t\t\t&#8220;Qualified shipbuilder&#8221; means a shipbuilder located in an eligible city that (i) makes a new capital investment of at least $300 million from January 1, 2009 through December 31, 2011, related to advanced shipbuilding in an eligible city; (ii) creates at least 1,000 new full-time jobs in an eligible city for advanced shipbuilding or activities ancillary to or supportive of advanced shipbuilding; (iii) maintains an apprenticeship program accredited by the Council for Occupational Education with an average annual enrollment of at least 750 and articulation agreements with local comprehensive community colleges that allow its graduates to qualify for accredited associate degrees from those institutions; and (iv) maintains a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the base training expense.\t\t\t&#8220;Secretary&#8221; means the Secretary of Commerce and Trade or his designee.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1390664,"text":"Any qualified shipbuilder located in an eligible city shall be eligible to receive a grant each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012, and ending with the Commonwealth&#8217;s fiscal year starting on July 1, 2016, unless such time frame is extended in accordance with subsection C or D. The grants under this section (i) shall be paid, subject to appropriation by the General Assembly, from a fund entitled the Advanced Shipbuilding Training Facility Fund, which Fund is hereby established on the books of the Comptroller; (ii) shall not exceed $25 million in the aggregate; (iii) shall be paid to a qualified shipbuilder during each fiscal year contingent upon the qualified shipbuilder meeting the requirements for the aggregate of (a) number of new full-time jobs created and the substantial retention of the same, (b) maintenance of base training expenses, and (c) amount of the capital investment made and substantially retained, as set forth in the memorandum of understanding; and (iv) shall be expended by the qualified shipbuilder on training costs or to pay the capital or lease cost of any new training facility to provide that training.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":1390665,"text":"The amount of the grant to be paid in each fiscal year shall be conditional upon the qualified shipbuilder meeting the requirements for (i) the aggregate number of new full-time jobs created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of such fiscal year; (ii) the aggregate amount of the capital investment made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of such fiscal year; and (iii) maintaining a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the base training expense. If the qualified shipbuilder has not fully met the grant requirements by December 31, 2011, the period of eligibility may be extended for up to three years, provided that the grants in any given fiscal year shall not exceed $5 million, plus any amounts deferred in accordance with subsection C or D. Grants shall be paid based upon such requirements as agreed to on or before August 31, 2011, regardless if such memorandum of understanding is later modified, amended, superseded, or otherwise changed;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":1390666,"text":"The aggregate amount of grants that may be awarded in a particular fiscal year shall not exceed the following:\n\t\t\t\ta. $5 million for the Commonwealth&#8217;s fiscal year beginning July 1, 2012;\t\t\t\tb. $10 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2013;\t\t\t\tc. $15 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2014;\t\t\t\td. $20 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2015; and\t\t\t\te. $25 million, less the total amount of grants previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2016; and","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":1390667,"text":"Grants provided by this section shall not exceed $25 million in the aggregate or the aggregate total of training costs expended by a qualified shipbuilder during the period, whichever is less.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"C"},"5":{"id":1390668,"text":"Any qualified shipbuilder applying for a grant under this section shall provide evidence, satisfactory to the Secretary, of (i) the aggregate number of new full-time jobs created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid; (ii) the aggregate amount of the capital investment made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid; and (iii) the aggregate amount of base training expenses as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the grant is to be paid. The application and evidence shall be filed with the Secretary in person or by mail no later than April 1 each year following the calendar year in which the qualified shipbuilder meets such aggregate new full-time job requirements and aggregate capital investments. Failure to meet the filing deadline shall result in a deferral of a scheduled grant payment set forth in subsection B. For filings by mail, the postmark cancellation shall govern the date of the filing determination.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B3","next_prefix":"D"},"6":{"id":1390669,"text":"The memorandum of understanding may provide that if a grant payment has been deferred for any reason, including the initial failure to meet the aggregate capital investment or the aggregate new full-time job requirements or the aggregate base training expenses set forth in the memorandum of understanding or the occurrence of any substantial reduction in such new full-time job requirements or capital investment requirements after such requirements have been met but before the grant payment has been made, payment in a subsequent fiscal year for which such requirements have been met for the immediately preceding calendar year shall include both the deferred payment and the scheduled grant payment as provided in subsection B or that a proportional payment, based on the proportional share of the required additional full-time jobs, be made.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"7":{"id":1390670,"text":"As a condition of receipt of a grant, a qualified shipbuilder shall make available to the Secretary or his designee for inspection upon his request relevant and applicable documents to determine whether the qualified shipbuilder has met the requirements for the receipt of grants as set forth in this section and subject to the memorandum of understanding. The Comptroller shall not draw any warrants to issue checks for the grant program under this section without a specific appropriation for the same. All such documents appropriately identified by the qualified shipbuilder shall be considered confidential and proprietary.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"F"},"8":{"id":1390671,"text":"An eligible city shall be eligible to receive a grant from the Advanced Shipbuilding Training Facility Fund established under subsection B each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012. The grants under this subsection may be paid to the eligible city subject to a memorandum of understanding between the Secretary, the eligible city, and the qualified shipbuilder that provides that (i) the eligible city or a private developer will build a new training facility for use by the qualified shipbuilder and the qualified shipbuilder will use the new training facility during the grant period; (ii) the new training facility is part of a development plan approved by the eligible city and the qualified shipbuilder that includes additional private capital investment adjacent to the new training facility that is equal to or greater than the cost of the facility; and (iii) the qualified shipbuilder waives its right to apply for grants under subsection B. Grants to an eligible city may be used only for the construction, lease, or lease-purchase of the new training facility, including related debt service or repayment of any loans whose proceeds are used for such costs. The memorandum of understanding may provide for a total amount of grants under this subsection of not more than $42 million, subject to appropriation by the General Assembly, and for a period of eligibility of up to 10 years, unless such time frame is extended in accordance with subsection C or D, and may provide for a contractual agreement for payments by the Commonwealth. At the conclusion of the grant period, the qualified shipbuilder shall have the right to assume ownership of the new training facility.","type":"section","prefixes":["F"],"prefix":"F","entire_prefix":"F","prefix_anchor":"F","level":1,"prior_prefix":"E"}},"ancestry":[{"id":53052,"edition_id":2,"name":"Advanced Shipbuilding Training Facility Grant Program","identifier":"22.6","label":"chapter","depth":2,"order_by":47,"parent_id":53010,"metadata":{"child_laws":1,"child_structures":0},"date_created":"2026-08-02 03:10:21","date_modified":"2026-08-02 12:36:29","permalink":{"id":1487501,"object_type":"structure","relational_id":53052,"identifier":"22.6","token":"59.1\/22.6","url":"\/59.1\/22.6\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53010,"edition_id":2,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":127,"parent_id":null,"metadata":{"child_laws":861,"child_structures":141},"date_created":"2026-08-02 03:09:52","date_modified":"2026-08-02 12:36:19","permalink":{"id":1486523,"object_type":"structure","relational_id":53010,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":372883,"structure_id":53052,"section_number":"59.1-284.23","catch_line":"Advanced Shipbuilding Training Facility Grant Program; eligible city","url":"\/59.1-284.23\/","token":"59.1\/22.6\/59.1-284.23","metadata":{"court_decisions":""}}],"metadata":{"court_decisions":""},"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-284.23\/","history_text":"<p>This law was first created in 2009. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?091+ful+CHAP0798\">798<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?091+ful+CHAP0850\">850<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2011, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0749\">749<\/a>.<\/p>","references":[{"id":372887,"section_number":"59.1-284.29","catch_line":"Advanced Shipbuilding Production Facility Grant Program","order_by":null,"url":"\/59.1-284.29\/"}],"refers_to":false,"permalink":{"id":1487503,"object_type":"law","relational_id":372883,"identifier":"59.1-284.23","token":"59.1\/22.6\/59.1-284.23","url":"\/59.1-284.23\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/59.1-284.23\/","token":"59.1\/22.6\/59.1-284.23","dublin_core":{"Title":"Advanced Shipbuilding Training Facility Grant Program; eligible city","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-284.23","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> As used in this section:\n\t\t\t&#8220;<span class=\"dictionary\">Advanced shipbuilding<\/span>&#8221; means (i) the manufacture, construction, assembly, overhaul, repair, and test of nuclear vessels and submarines for the U.S. Navy; (ii) the design or development of nuclear vessels and submarines for the U.S. Navy; or (iii) the manufacturing activities of a private company described under 2007 index number 336611 of the North American Industry Classification System.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Base training expense<\/span>&#8221; means the total expenditures made by a <span class=\"dictionary\">qualified shipbuilder<\/span> in 2008 that directly and indirectly support training activities.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Capital investment<\/span>&#8221; means an investment in real property, tangible personal property, or both, within the Commonwealth.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Eligible city<\/span>&#8221; means the City of Newport News or its industrial development authority.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Grant<\/span>&#8221; means the <span class=\"dictionary\">advanced shipbuilding<\/span> training facility <span class=\"dictionary\">grant<\/span> as described in this section.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Memorandum of understanding<\/span>&#8221; means a performance agreement entered into on or before August 31, 2011, among a <span class=\"dictionary\">qualified shipbuilder<\/span>, the Commonwealth, and others as appropriate, such as the <span class=\"dictionary\">eligible city<\/span>, setting forth the requirements for <span class=\"dictionary\">capital investment<\/span>, training costs, and the creation of <span class=\"dictionary\">new full-time jobs<\/span> that will make the <span class=\"dictionary\">qualified shipbuilder<\/span> eligible for a <span class=\"dictionary\">grant<\/span> under this section.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">New full-time job<\/span>&#8221; means employment of an indefinite duration in an <span class=\"dictionary\">eligible city<\/span>, created as the direct result of <span class=\"dictionary\">capital investment<\/span>, for which the average annual wage is at least equal to the prevailing average annual wage in an <span class=\"dictionary\">eligible city<\/span> and for which the standard fringe benefits are paid by the <span class=\"dictionary\">qualified shipbuilder<\/span>, requiring a minimum of either (i) 35 hours of an employee&#8217;s time per week for the entire <span class=\"dictionary\">normal year<\/span> of such <span class=\"dictionary\">qualified shipbuilder<\/span>&#8217;s operations, which &#8220;<span class=\"dictionary\">normal year<\/span>&#8221; must consist of at least 48 weeks, or (ii) 1,680 hours per year. Seasonal or temporary positions and positions created when a job function is shifted from an existing location in the Commonwealth shall not qualify as <span class=\"dictionary\">new full-time jobs<\/span> under this section. Other positions, which may or may not be of indefinite duration, including supplemental employees of affiliates, subsidiaries, joint ventures, contractors, or subcontractors of the <span class=\"dictionary\">qualified shipbuilder<\/span>, may be considered <span class=\"dictionary\">new full-time jobs<\/span>, if so designated as such in the <span class=\"dictionary\">memorandum of understanding<\/span> between such <span class=\"dictionary\">qualified shipbuilder<\/span>, the Commonwealth, and others.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">New training facility<\/span>&#8221; means a facility that, pursuant to a Memorandum of Agreement with the <span class=\"dictionary\">Secretary<\/span>, is to be operated by the <span class=\"dictionary\">qualified shipbuilder<\/span> for use by the shipbuilding industry, primarily to provide education, training and retraining of workers in the shipbuilding industry. Such training facility may be owned by the <span class=\"dictionary\">qualified shipbuilder<\/span>, or may be operated by the <span class=\"dictionary\">qualified shipbuilder<\/span> through a lease agreement with the <span class=\"dictionary\">eligible city<\/span>, a local industrial development authority, or a private developer.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Qualified shipbuilder<\/span>&#8221; means a shipbuilder located in an <span class=\"dictionary\">eligible city<\/span> that (i) makes a new <span class=\"dictionary\">capital investment<\/span> of at least $300 million from January 1, 2009 through December 31, 2011, related to <span class=\"dictionary\">advanced shipbuilding<\/span> in an <span class=\"dictionary\">eligible city<\/span>; (ii) creates at least 1,000 <span class=\"dictionary\">new full-time jobs<\/span> in an <span class=\"dictionary\">eligible city<\/span> for <span class=\"dictionary\">advanced shipbuilding<\/span> or activities ancillary to or supportive of <span class=\"dictionary\">advanced shipbuilding<\/span>; (iii) maintains an apprenticeship program accredited by the Council for Occupational Education with an average annual enrollment of at least 750 and articulation agreements with local comprehensive community colleges that allow its graduates to qualify for accredited associate degrees from those institutions; and (iv) maintains a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the <span class=\"dictionary\">base training expense<\/span>.<br \/><br \/>\t\t\t&#8220;<span class=\"dictionary\">Secretary<\/span>&#8221; means the <span class=\"dictionary\">Secretary<\/span> of Commerce and Trade or his designee. <a id=\"paragraph-1390663\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Any <span class=\"dictionary\">qualified shipbuilder<\/span> located in an <span class=\"dictionary\">eligible city<\/span> shall be eligible to receive a <span class=\"dictionary\">grant<\/span> each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012, and ending with the Commonwealth&#8217;s fiscal year starting on July 1, 2016, unless such time frame is extended in accordance with subsection C or D. The <span class=\"dictionary\">grants<\/span> under this section (i) shall be paid, subject to appropriation by the General Assembly, from a fund entitled the <span class=\"dictionary\">Advanced Shipbuilding<\/span> Training Facility Fund, which Fund is hereby established on the books of the Comptroller; (ii) shall not exceed $25 million in the aggregate; (iii) shall be paid to a <span class=\"dictionary\">qualified shipbuilder<\/span> during each fiscal year contingent upon the <span class=\"dictionary\">qualified shipbuilder<\/span> meeting the requirements for the aggregate of (a) number of <span class=\"dictionary\">new full-time jobs<\/span> created and the substantial retention of the same, (b) maintenance of <span class=\"dictionary\">base training expenses<\/span>, and (c) amount of the <span class=\"dictionary\">capital investment<\/span> made and substantially retained, as set forth in the <span class=\"dictionary\">memorandum of understanding<\/span>; and (iv) shall be expended by the <span class=\"dictionary\">qualified shipbuilder<\/span> on training costs or to pay the capital or lease cost of any <span class=\"dictionary\">new training facility<\/span> to provide that training. <a id=\"paragraph-1390664\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> The amount of the <span class=\"dictionary\">grant<\/span> to be paid in each fiscal year shall be conditional upon the <span class=\"dictionary\">qualified shipbuilder<\/span> meeting the requirements for (i) the aggregate number of <span class=\"dictionary\">new full-time jobs<\/span> created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of such fiscal year; (ii) the aggregate amount of the <span class=\"dictionary\">capital investment<\/span> made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of such fiscal year; and (iii) maintaining a level of expenditures directly or indirectly supporting training activities, which level is at least equal to the <span class=\"dictionary\">base training expense<\/span>. If the <span class=\"dictionary\">qualified shipbuilder<\/span> has not fully met the <span class=\"dictionary\">grant<\/span> requirements by December 31, 2011, the period of eligibility may be extended for up to three years, provided that the <span class=\"dictionary\">grants<\/span> in any given fiscal year shall not exceed $5 million, plus any amounts deferred in accordance with subsection C or D. <span class=\"dictionary\">Grants<\/span> shall be paid based upon such requirements as agreed to on or before August 31, 2011, regardless if such <span class=\"dictionary\">memorandum of understanding<\/span> is later modified, amended, superseded, or otherwise changed; <a id=\"paragraph-1390665\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> The aggregate amount of <span class=\"dictionary\">grants<\/span> that may be awarded in a particular fiscal year shall not exceed the following:\n\t\t\t\ta. $5 million for the Commonwealth&#8217;s fiscal year beginning July 1, 2012;<br \/><br \/>\t\t\t\tb. $10 million, less the total amount of <span class=\"dictionary\">grants<\/span> previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2013;<br \/><br \/>\t\t\t\tc. $15 million, less the total amount of <span class=\"dictionary\">grants<\/span> previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2014;<br \/><br \/>\t\t\t\td. $20 million, less the total amount of <span class=\"dictionary\">grants<\/span> previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2015; and<br \/><br \/>\t\t\t\te. $25 million, less the total amount of <span class=\"dictionary\">grants<\/span> previously awarded pursuant to this subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2016; and <a id=\"paragraph-1390666\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> <span class=\"dictionary\">Grants<\/span> provided by this section shall not exceed $25 million in the aggregate or the aggregate total of training costs expended by a <span class=\"dictionary\">qualified shipbuilder<\/span> during the period, whichever is less. <a id=\"paragraph-1390667\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> Any <span class=\"dictionary\">qualified shipbuilder<\/span> applying for a <span class=\"dictionary\">grant<\/span> under this section shall provide <span class=\"dictionary\">evidence<\/span>, satisfactory to the <span class=\"dictionary\">Secretary<\/span>, of (i) the aggregate number of <span class=\"dictionary\">new full-time jobs<\/span> created and the substantial retention of the same throughout the calendar year that immediately precedes the beginning of the fiscal year in which the <span class=\"dictionary\">grant<\/span> is to be paid; (ii) the aggregate amount of the <span class=\"dictionary\">capital investment<\/span> made and substantially retained as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the <span class=\"dictionary\">grant<\/span> is to be paid; and (iii) the aggregate amount of <span class=\"dictionary\">base training expenses<\/span> as of the last day of the calendar year that immediately precedes the beginning of the fiscal year in which the <span class=\"dictionary\">grant<\/span> is to be paid. The application and <span class=\"dictionary\">evidence<\/span> shall be filed with the <span class=\"dictionary\">Secretary<\/span> in person or by mail no later than April 1 each year following the calendar year in which the <span class=\"dictionary\">qualified shipbuilder<\/span> meets such aggregate <span class=\"dictionary\">new full-time job<\/span> requirements and aggregate <span class=\"dictionary\">capital investments<\/span>. Failure to meet the filing deadline shall result in a deferral of a scheduled <span class=\"dictionary\">grant<\/span> payment set forth in subsection B. For filings by mail, the postmark cancellation shall govern the date of the filing determination. <a id=\"paragraph-1390668\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> The <span class=\"dictionary\">memorandum of understanding<\/span> may provide that if a <span class=\"dictionary\">grant<\/span> payment has been deferred for any reason, including the initial failure to meet the aggregate <span class=\"dictionary\">capital investment<\/span> or the aggregate <span class=\"dictionary\">new full-time job<\/span> requirements or the aggregate <span class=\"dictionary\">base training expenses<\/span> set forth in the <span class=\"dictionary\">memorandum of understanding<\/span> or the occurrence of any substantial reduction in such <span class=\"dictionary\">new full-time job<\/span> requirements or <span class=\"dictionary\">capital investment<\/span> requirements after such requirements have been met but before the <span class=\"dictionary\">grant<\/span> payment has been made, payment in a subsequent fiscal year for which such requirements have been met for the immediately preceding calendar year shall include both the deferred payment and the scheduled <span class=\"dictionary\">grant<\/span> payment as provided in subsection B or that a proportional payment, based on the proportional share of the required additional full-time jobs, be made. <a id=\"paragraph-1390669\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"E\"><p><span class=\"prefix-number\">E.<\/span> As a condition of receipt of a <span class=\"dictionary\">grant<\/span>, a <span class=\"dictionary\">qualified shipbuilder<\/span> shall make available to the <span class=\"dictionary\">Secretary<\/span> or his designee for inspection upon his request relevant and applicable documents to determine whether the <span class=\"dictionary\">qualified shipbuilder<\/span> has met the requirements for the receipt of <span class=\"dictionary\">grants<\/span> as set forth in this section and subject to the <span class=\"dictionary\">memorandum of understanding<\/span>. The Comptroller shall not draw any warrants to <span class=\"dictionary\">issue<\/span> checks for the <span class=\"dictionary\">grant<\/span> program under this section without a specific appropriation for the same. All such documents appropriately identified by the <span class=\"dictionary\">qualified shipbuilder<\/span> shall be considered confidential and proprietary. <a id=\"paragraph-1390670\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#E\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"F\"><p><span class=\"prefix-number\">F.<\/span> An <span class=\"dictionary\">eligible city<\/span> shall be eligible to receive a <span class=\"dictionary\">grant<\/span> from the <span class=\"dictionary\">Advanced Shipbuilding<\/span> Training Facility Fund established under subsection B each fiscal year beginning with the Commonwealth&#8217;s fiscal year starting on July 1, 2012. The <span class=\"dictionary\">grants<\/span> under this subsection may be paid to the <span class=\"dictionary\">eligible city<\/span> subject to a <span class=\"dictionary\">memorandum of understanding<\/span> between the <span class=\"dictionary\">Secretary<\/span>, the <span class=\"dictionary\">eligible city<\/span>, and the <span class=\"dictionary\">qualified shipbuilder<\/span> that provides that (i) the <span class=\"dictionary\">eligible city<\/span> or a private developer will build a <span class=\"dictionary\">new training facility<\/span> for use by the <span class=\"dictionary\">qualified shipbuilder<\/span> and the <span class=\"dictionary\">qualified shipbuilder<\/span> will use the <span class=\"dictionary\">new training facility<\/span> during the <span class=\"dictionary\">grant<\/span> period; (ii) the <span class=\"dictionary\">new training facility<\/span> is part of a development plan approved by the <span class=\"dictionary\">eligible city<\/span> and the <span class=\"dictionary\">qualified shipbuilder<\/span> that includes additional private <span class=\"dictionary\">capital investment<\/span> adjacent to the <span class=\"dictionary\">new training facility<\/span> that is equal to or greater than the cost of the facility; and (iii) the <span class=\"dictionary\">qualified shipbuilder<\/span> <span class=\"dictionary\">waives<\/span> its right to apply for <span class=\"dictionary\">grants<\/span> under subsection B. <span class=\"dictionary\">Grants<\/span> to an <span class=\"dictionary\">eligible city<\/span> may be used only for the construction, lease, or lease-purchase of the <span class=\"dictionary\">new training facility<\/span>, including related debt service or repayment of any loans whose proceeds are used for such costs. The <span class=\"dictionary\">memorandum of understanding<\/span> may provide for a total amount of <span class=\"dictionary\">grants<\/span> under this subsection of not more than $42 million, subject to appropriation by the General Assembly, and for a period of eligibility of up to 10 years, unless such time frame is extended in accordance with subsection C or D, and may provide for a contractual agreement for payments by the Commonwealth. At the conclusion of the <span class=\"dictionary\">grant<\/span> period, the <span class=\"dictionary\">qualified shipbuilder<\/span> shall have the right to assume ownership of the <span class=\"dictionary\">new training facility<\/span>. <a id=\"paragraph-1390671\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/59.1-284.23\/#F\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nADVANCED SHIPBUILDING TRAINING FACILITY GRANT PROGRAM; ELIGIBLE CITY (\u00a7\n59.1-284.23)\n\nA. As used in this section:\n\t\t\t&#8220;Advanced shipbuilding&#8221; means (i) the manufacture, construction,\nassembly, overhaul, repair, and test of nuclear vessels and submarines for the\nU.S. Navy; (ii) the design or development of nuclear vessels and submarines for\nthe U.S. Navy; or (iii) the manufacturing activities of a private company\ndescribed under 2007 index number 336611 of the North American Industry\nClassification System.\t\t\t&#8220;Base training expense&#8221; means the total\nexpenditures made by a qualified shipbuilder in 2008 that directly and\nindirectly support training activities.\t\t\t&#8220;Capital investment&#8221; means\nan investment in real property, tangible personal property, or both, within the\nCommonwealth.\t\t\t&#8220;Eligible city&#8221; means the City of Newport News or\nits industrial development authority.\t\t\t&#8220;Grant&#8221; means the advanced\nshipbuilding training facility grant as described in this\nsection.\t\t\t&#8220;Memorandum of understanding&#8221; means a performance\nagreement entered into on or before August 31, 2011, among a qualified\nshipbuilder, the Commonwealth, and others as appropriate, such as the eligible\ncity, setting forth the requirements for capital investment, training costs, and\nthe creation of new full-time jobs that will make the qualified shipbuilder\neligible for a grant under this section.\t\t\t&#8220;New full-time job&#8221; means\nemployment of an indefinite duration in an eligible city, created as the direct\nresult of capital investment, for which the average annual wage is at least\nequal to the prevailing average annual wage in an eligible city and for which\nthe standard fringe benefits are paid by the qualified shipbuilder, requiring a\nminimum of either (i) 35 hours of an employee&#8217;s time per week for the\nentire normal year of such qualified shipbuilder&#8217;s operations, which\n&#8220;normal year&#8221; must consist of at least 48 weeks, or (ii) 1,680 hours\nper year. Seasonal or temporary positions and positions created when a job\nfunction is shifted from an existing location in the Commonwealth shall not\nqualify as new full-time jobs under this section. Other positions, which may or\nmay not be of indefinite duration, including supplemental employees of\naffiliates, subsidiaries, joint ventures, contractors, or subcontractors of the\nqualified shipbuilder, may be considered new full-time jobs, if so designated as\nsuch in the memorandum of understanding between such qualified shipbuilder, the\nCommonwealth, and others.\t\t\t&#8220;New training facility&#8221; means a facility\nthat, pursuant to a Memorandum of Agreement with the Secretary, is to be\noperated by the qualified shipbuilder for use by the shipbuilding industry,\nprimarily to provide education, training and retraining of workers in the\nshipbuilding industry. Such training facility may be owned by the qualified\nshipbuilder, or may be operated by the qualified shipbuilder through a lease\nagreement with the eligible city, a local industrial development authority, or a\nprivate developer.\t\t\t&#8220;Qualified shipbuilder&#8221; means a shipbuilder\nlocated in an eligible city that (i) makes a new capital investment of at least\n$300 million from January 1, 2009 through December 31, 2011, related to advanced\nshipbuilding in an eligible city; (ii) creates at least 1,000 new full-time jobs\nin an eligible city for advanced shipbuilding or activities ancillary to or\nsupportive of advanced shipbuilding; (iii) maintains an apprenticeship program\naccredited by the Council for Occupational Education with an average annual\nenrollment of at least 750 and articulation agreements with local comprehensive\ncommunity colleges that allow its graduates to qualify for accredited associate\ndegrees from those institutions; and (iv) maintains a level of expenditures\ndirectly or indirectly supporting training activities, which level is at least\nequal to the base training expense.\t\t\t&#8220;Secretary&#8221; means the\nSecretary of Commerce and Trade or his designee.\n\nB. Any qualified shipbuilder located in an eligible city shall be eligible to\nreceive a grant each fiscal year beginning with the Commonwealth&#8217;s fiscal\nyear starting on July 1, 2012, and ending with the Commonwealth&#8217;s fiscal\nyear starting on July 1, 2016, unless such time frame is extended in accordance\nwith subsection C or D. The grants under this section (i) shall be paid, subject\nto appropriation by the General Assembly, from a fund entitled the Advanced\nShipbuilding Training Facility Fund, which Fund is hereby established on the\nbooks of the Comptroller; (ii) shall not exceed $25 million in the aggregate;\n(iii) shall be paid to a qualified shipbuilder during each fiscal year\ncontingent upon the qualified shipbuilder meeting the requirements for the\naggregate of (a) number of new full-time jobs created and the substantial\nretention of the same, (b) maintenance of base training expenses, and (c) amount\nof the capital investment made and substantially retained, as set forth in the\nmemorandum of understanding; and (iv) shall be expended by the qualified\nshipbuilder on training costs or to pay the capital or lease cost of any new\ntraining facility to provide that training.\n\n   1. The amount of the grant to be paid in each fiscal year shall be conditional\n   upon the qualified shipbuilder meeting the requirements for (i) the aggregate\n   number of new full-time jobs created and the substantial retention of the same\n   throughout the calendar year that immediately precedes the beginning of such\n   fiscal year; (ii) the aggregate amount of the capital investment made and\n   substantially retained as of the last day of the calendar year that\n   immediately precedes the beginning of such fiscal year; and (iii) maintaining\n   a level of expenditures directly or indirectly supporting training activities,\n   which level is at least equal to the base training expense. If the qualified\n   shipbuilder has not fully met the grant requirements by December 31, 2011, the\n   period of eligibility may be extended for up to three years, provided that the\n   grants in any given fiscal year shall not exceed $5 million, plus any amounts\n   deferred in accordance with subsection C or D. Grants shall be paid based upon\n   such requirements as agreed to on or before August 31, 2011, regardless if\n   such memorandum of understanding is later modified, amended, superseded, or\n   otherwise changed;\n\n   2. The aggregate amount of grants that may be awarded in a particular fiscal\n   year shall not exceed the following:\n   \t\t\t\ta. $5 million for the Commonwealth&#8217;s fiscal year beginning July 1,\n   2012;\t\t\t\tb. $10 million, less the total amount of grants previously awarded\n   pursuant to this subsection, for the Commonwealth&#8217;s fiscal year\n   beginning July 1, 2013;\t\t\t\tc. $15 million, less the total amount of grants\n   previously awarded pursuant to this subsection, for the Commonwealth&#8217;s\n   fiscal year beginning July 1, 2014;\t\t\t\td. $20 million, less the total amount\n   of grants previously awarded pursuant to this subsection, for the\n   Commonwealth&#8217;s fiscal year beginning July 1, 2015; and\t\t\t\te. $25\n   million, less the total amount of grants previously awarded pursuant to this\n   subsection, for the Commonwealth&#8217;s fiscal year beginning July 1, 2016;\n   and\n\n   3. Grants provided by this section shall not exceed $25 million in the\n   aggregate or the aggregate total of training costs expended by a qualified\n   shipbuilder during the period, whichever is less.\n\nC. Any qualified shipbuilder applying for a grant under this section shall\nprovide evidence, satisfactory to the Secretary, of (i) the aggregate number of\nnew full-time jobs created and the substantial retention of the same throughout\nthe calendar year that immediately precedes the beginning of the fiscal year in\nwhich the grant is to be paid; (ii) the aggregate amount of the capital\ninvestment made and substantially retained as of the last day of the calendar\nyear that immediately precedes the beginning of the fiscal year in which the\ngrant is to be paid; and (iii) the aggregate amount of base training expenses as\nof the last day of the calendar year that immediately precedes the beginning of\nthe fiscal year in which the grant is to be paid. The application and evidence\nshall be filed with the Secretary in person or by mail no later than April 1\neach year following the calendar year in which the qualified shipbuilder meets\nsuch aggregate new full-time job requirements and aggregate capital investments.\nFailure to meet the filing deadline shall result in a deferral of a scheduled\ngrant payment set forth in subsection B. For filings by mail, the postmark\ncancellation shall govern the date of the filing determination.\n\nD. The memorandum of understanding may provide that if a grant payment has been\ndeferred for any reason, including the initial failure to meet the aggregate\ncapital investment or the aggregate new full-time job requirements or the\naggregate base training expenses set forth in the memorandum of understanding or\nthe occurrence of any substantial reduction in such new full-time job\nrequirements or capital investment requirements after such requirements have\nbeen met but before the grant payment has been made, payment in a subsequent\nfiscal year for which such requirements have been met for the immediately\npreceding calendar year shall include both the deferred payment and the\nscheduled grant payment as provided in subsection B or that a proportional\npayment, based on the proportional share of the required additional full-time\njobs, be made.\n\nE. As a condition of receipt of a grant, a qualified shipbuilder shall make\navailable to the Secretary or his designee for inspection upon his request\nrelevant and applicable documents to determine whether the qualified shipbuilder\nhas met the requirements for the receipt of grants as set forth in this section\nand subject to the memorandum of understanding. The Comptroller shall not draw\nany warrants to issue checks for the grant program under this section without a\nspecific appropriation for the same. All such documents appropriately identified\nby the qualified shipbuilder shall be considered confidential and proprietary.\n\nF. An eligible city shall be eligible to receive a grant from the Advanced\nShipbuilding Training Facility Fund established under subsection B each fiscal\nyear beginning with the Commonwealth&#8217;s fiscal year starting on July 1,\n2012. The grants under this subsection may be paid to the eligible city subject\nto a memorandum of understanding between the Secretary, the eligible city, and\nthe qualified shipbuilder that provides that (i) the eligible city or a private\ndeveloper will build a new training facility for use by the qualified\nshipbuilder and the qualified shipbuilder will use the new training facility\nduring the grant period; (ii) the new training facility is part of a development\nplan approved by the eligible city and the qualified shipbuilder that includes\nadditional private capital investment adjacent to the new training facility that\nis equal to or greater than the cost of the facility; and (iii) the qualified\nshipbuilder waives its right to apply for grants under subsection B. Grants to\nan eligible city may be used only for the construction, lease, or lease-purchase\nof the new training facility, including related debt service or repayment of any\nloans whose proceeds are used for such costs. The memorandum of understanding\nmay provide for a total amount of grants under this subsection of not more than\n$42 million, subject to appropriation by the General Assembly, and for a period\nof eligibility of up to 10 years, unless such time frame is extended in\naccordance with subsection C or D, and may provide for a contractual agreement\nfor payments by the Commonwealth. At the conclusion of the grant period, the\nqualified shipbuilder shall have the right to assume ownership of the new\ntraining facility.\n\nHISTORY: 2009, cc. 798, 850; 2011, c. 749.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}