{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/59.1-284.35.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/59.1-284.35.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/59.1-284.35.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/59.1-284.35.html"}],"law_id":372893,"edition_id":2,"section_id":372893,"structure_id":53062,"section_number":"59.1-284.35","catch_line":"Definitions","history":"2020, cc. 275, 758, \u00a7 59.1-284.33.","full_text":"A\n\nAs used in this section, unless the context requires a different meaning:\n\t\t\t“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 or would be so chargeable with a proper election. The purchase or lease of furniture; fixtures; business personal property; machinery and tools, including under an operating lease; and expected building expansion and up-fit by or on behalf of a qualified company shall qualify as capital investment.\n\n\t\t\t“Eligible county” means Rockingham County.\n\n\t\t\t“Facility” means the building, group of buildings, or corporate campus, including any related machinery and tools, furniture, fixtures, and business personal property, that is located at or near a qualified company’s existing operations in an eligible county and is owned, leased, licensed, occupied, or otherwise operated by a qualified company for use in the administration, management, and operation of its business.\n\n\t\t\t“Fund” means the Pharmaceutical Manufacturing Grant Fund.\n\n\t\t\t“Grants” means grants from the Fund awarded to a qualified company in an aggregate not to exceed $7.5 million, intended to be used to pay or reimburse a qualified company for the costs of workforce recruitment, development, and training, and for stormwater management. A qualified company may use the grant payment for any lawful purpose.\n\n\t\t\t“Memorandum of understanding” means a performance agreement or related document entered into on or before August 1, 2020, by a qualified company, the Commonwealth, and VEDP, that sets forth the requirements for capital investment and the creation of new full-time jobs by a qualified company in order for a qualified company to be eligible for grants from the Fund.\n\n\t\t\t“New full-time job” means a job position, in which the employee of a qualified company works at a facility, for which the average annual wage is at least $100,000 and the qualified company provides standard fringe benefits. Such position shall require a minimum of either (i) 35 hours of an employee’s time per week for the entire normal year of the qualified company’s operations, which “normal year” shall 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. “New full-time job” shall not include any existing full-time positions at the facility as of March 1, 2019. The Commonwealth may gauge compliance with the new full-time job requirements for a qualified company by reference to the new payroll generated by a qualified company, as indicated in the memorandum of understanding.\n\n\t\t\t“Qualified company” means a company, including its affiliates, that engages in pharmaceutical manufacturing in an eligible county and that, between March 1, 2019, and February 28, 2025, is expected to make (i) a capital investment of at least $1 billion and (ii) create at least 152 new full-time jobs related to, or supportive of, its business.\n\n\t\t\t“Secretary” means the Secretary of Commerce and Trade or his designee.\n\n\t\t\t“VEDP” means the Virginia Economic Development Partnership Authority.\n\n","order_by":null,"text":{"0":{"id":1390738,"text":"As used in this section, unless the context requires a different meaning:\n\t\t\t“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 or would be so chargeable with a proper election. The purchase or lease of furniture; fixtures; business personal property; machinery and tools, including under an operating lease; and expected building expansion and up-fit by or on behalf of a qualified company shall qualify as capital investment.\t\t\t“Eligible county” means Rockingham County.\t\t\t“Facility” means the building, group of buildings, or corporate campus, including any related machinery and tools, furniture, fixtures, and business personal property, that is located at or near a qualified company’s existing operations in an eligible county and is owned, leased, licensed, occupied, or otherwise operated by a qualified company for use in the administration, management, and operation of its business.\t\t\t“Fund” means the Pharmaceutical Manufacturing Grant Fund.\t\t\t“Grants” means grants from the Fund awarded to a qualified company in an aggregate not to exceed $7.5 million, intended to be used to pay or reimburse a qualified company for the costs of workforce recruitment, development, and training, and for stormwater management. A qualified company may use the grant payment for any lawful purpose.\t\t\t“Memorandum of understanding” means a performance agreement or related document entered into on or before August 1, 2020, by a qualified company, the Commonwealth, and VEDP, that sets forth the requirements for capital investment and the creation of new full-time jobs by a qualified company in order for a qualified company to be eligible for grants from the Fund.\t\t\t“New full-time job” means a job position, in which the employee of a qualified company works at a facility, for which the average annual wage is at least $100,000 and the qualified company provides standard fringe benefits. Such position shall require a minimum of either (i) 35 hours of an employee’s time per week for the entire normal year of the qualified company’s operations, which “normal year” shall 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. “New full-time job” shall not include any existing full-time positions at the facility as of March 1, 2019. The Commonwealth may gauge compliance with the new full-time job requirements for a qualified company by reference to the new payroll generated by a qualified company, as indicated in the memorandum of understanding.\t\t\t“Qualified company” means a company, including its affiliates, that engages in pharmaceutical manufacturing in an eligible county and that, between March 1, 2019, and February 28, 2025, is expected to make (i) a capital investment of at least $1 billion and (ii) create at least 152 new full-time jobs related to, or supportive of, its business.\t\t\t“Secretary” means the Secretary of Commerce and Trade or his designee.\t\t\t“VEDP” means the Virginia Economic Development Partnership Authority.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1}},"ancestry":[{"id":53062,"edition_id":2,"name":"Pharmaceutical Manufacturing Grant Program","identifier":"22.16","label":"chapter","depth":2,"order_by":20,"parent_id":53010,"metadata":{"child_laws":3,"child_structures":0},"date_created":"2026-08-02 03:10:23","date_modified":"2026-08-02 12:36:23","permalink":{"id":1487407,"object_type":"structure","relational_id":53062,"identifier":"22.16","token":"59.1\/22.16","url":"\/59.1\/22.16\/","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":372893,"structure_id":53062,"section_number":"59.1-284.35","catch_line":"Definitions","url":"\/59.1-284.35\/","token":"59.1\/22.16\/59.1-284.35","metadata":false},{"id":372894,"structure_id":53062,"section_number":"59.1-284.36","catch_line":"Pharmaceutical Manufacturing Grant Fund created","url":"\/59.1-284.36\/","token":"59.1\/22.16\/59.1-284.36","metadata":false},{"id":372895,"structure_id":53062,"section_number":"59.1-284.37","catch_line":"Resources for public institutions of higher education","url":"\/59.1-284.37\/","token":"59.1\/22.16\/59.1-284.37","metadata":false}],"next_section":{"id":372894,"structure_id":53062,"section_number":"59.1-284.36","catch_line":"Pharmaceutical Manufacturing Grant Fund created","url":"\/59.1-284.36\/","token":"59.1\/22.16\/59.1-284.36","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-284.35\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 275<\/a> and 758<\/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.<\/p>","references":false,"refers_to":false,"permalink":{"id":1487409,"object_type":"law","relational_id":372893,"identifier":"59.1-284.35","token":"59.1\/22.16\/59.1-284.35","url":"\/59.1-284.35\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/59.1-284.35\/","token":"59.1\/22.16\/59.1-284.35","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-284.35","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> As used in this section, unless the context requires a different meaning:\n\t\t\t“Capital investment<\/span>” means an expenditure by or on behalf of a qualified company<\/span> on or after March 1, 2019, in real property, tangible personal property, or both, at a facility<\/span> in an eligible county<\/span> that is properly chargeable to a capital account or would be so chargeable with a proper election. The purchase or lease of furniture; fixtures; business personal property; machinery and tools, including under an operating lease; and expected building expansion and up-fit by or on behalf of a qualified company<\/span> shall qualify as capital investment<\/span>.

\t\t\t“Eligible county<\/span>” means Rockingham County.

\t\t\t“Facility<\/span>” means the building, group of buildings, or corporate campus, including any related machinery and tools, furniture, fixtures, and business personal property, that is located at or near a qualified company<\/span>’s existing operations in an eligible county<\/span> and is owned, leased, licensed, occupied, or otherwise operated by a qualified company<\/span> for use in the administration, management, and operation of its business.

\t\t\t“Fund<\/span>” means the Pharmaceutical Manufacturing Grant Fund<\/span>.

\t\t\t“Grants<\/span>” means grants<\/span> from the Fund<\/span> awarded to a qualified company<\/span> in an aggregate not to exceed $7.5 million, intended to be used to pay or reimburse a qualified company<\/span> for the costs of workforce recruitment, development, and training, and for stormwater management. A qualified company<\/span> may use the grant payment for any lawful purpose.

\t\t\t“Memorandum of understanding<\/span>” means a performance agreement or related document entered into on or before August 1, 2020, by a qualified company<\/span>, the Commonwealth, and VEDP<\/span>, that sets forth the requirements for capital investment<\/span> and the creation of new full-time jobs<\/span> by a qualified company<\/span> in order<\/span> for a qualified company<\/span> to be eligible for grants<\/span> from the Fund<\/span>.

\t\t\t“New full-time job<\/span>” means a job position, in which the employee of a qualified company<\/span> works at a facility<\/span>, for which the average annual wage is at least $100,000 and the qualified company<\/span> provides standard fringe benefits. Such position shall require a minimum of either (i) 35 hours of an employee’s time per week for the entire normal year<\/span> of the qualified company<\/span>’s operations, which “normal year<\/span>” shall 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<\/span>. “New full-time job<\/span>” shall not include any existing full-time positions at the facility<\/span> as of March 1, 2019. The Commonwealth may gauge compliance with the new full-time job<\/span> requirements for a qualified company<\/span> by reference to the new payroll generated by a qualified company<\/span>, as indicated in the memorandum of understanding<\/span>.

\t\t\t“Qualified company<\/span>” means a company, including its affiliates, that engages in pharmaceutical manufacturing in an eligible county<\/span> and that, between March 1, 2019, and February 28, 2025, is expected to make (i) a capital investment<\/span> of at least $1 billion and (ii) create at least 152 new full-time jobs<\/span> related to, or supportive of, its business.

\t\t\t“Secretary<\/span>” means the Secretary<\/span> of Commerce and Trade or his designee.

\t\t\t“VEDP<\/span>” means the Virginia Economic Development Partnership Authority. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 59.1-284.35)\n\nA. As used in this section, unless the context requires a different meaning:\n\t\t\t“Capital investment” means an expenditure by or on behalf of a\nqualified company on or after March 1, 2019, in real property, tangible personal\nproperty, or both, at a facility in an eligible county that is properly\nchargeable to a capital account or would be so chargeable with a proper\nelection. The purchase or lease of furniture; fixtures; business personal\nproperty; machinery and tools, including under an operating lease; and expected\nbuilding expansion and up-fit by or on behalf of a qualified company shall\nqualify as capital investment.\t\t\t“Eligible county” means Rockingham\nCounty.\t\t\t“Facility” means the building, group of buildings, or\ncorporate campus, including any related machinery and tools, furniture,\nfixtures, and business personal property, that is located at or near a qualified\ncompany’s existing operations in an eligible county and is owned, leased,\nlicensed, occupied, or otherwise operated by a qualified company for use in the\nadministration, management, and operation of its business.\t\t\t“Fund”\nmeans the Pharmaceutical Manufacturing Grant Fund.\t\t\t“Grants” means\ngrants from the Fund awarded to a qualified company in an aggregate not to\nexceed $7.5 million, intended to be used to pay or reimburse a qualified company\nfor the costs of workforce recruitment, development, and training, and for\nstormwater management. A qualified company may use the grant payment for any\nlawful purpose.\t\t\t“Memorandum of understanding” means a performance\nagreement or related document entered into on or before August 1, 2020, by a\nqualified company, the Commonwealth, and VEDP, that sets forth the requirements\nfor capital investment and the creation of new full-time jobs by a qualified\ncompany in order for a qualified company to be eligible for grants from the\nFund.\t\t\t“New full-time job” means a job position, in which the\nemployee of a qualified company works at a facility, for which the average\nannual wage is at least $100,000 and the qualified company provides standard\nfringe benefits. Such position shall require a minimum of either (i) 35 hours of\nan employee’s time per week for the entire normal year of the qualified\ncompany’s operations, which “normal year” shall consist of at\nleast 48 weeks, or (ii) 1,680 hours per year. Seasonal or temporary positions,\nand positions created when a job function is shifted from an existing location\nin the Commonwealth, shall not qualify as new full-time jobs. “New\nfull-time job” shall not include any existing full-time positions at the\nfacility as of March 1, 2019. The Commonwealth may gauge compliance with the new\nfull-time job requirements for a qualified company by reference to the new\npayroll generated by a qualified company, as indicated in the memorandum of\nunderstanding.\t\t\t“Qualified company” means a company, including its\naffiliates, that engages in pharmaceutical manufacturing in an eligible county\nand that, between March 1, 2019, and February 28, 2025, is expected to make (i)\na capital investment of at least $1 billion and (ii) create at least 152 new\nfull-time jobs related to, or supportive of, its\nbusiness.\t\t\t“Secretary” means the Secretary of Commerce and Trade\nor his designee.\t\t\t“VEDP” means the Virginia Economic Development\nPartnership Authority.\n\nHISTORY: 2020, cc. 275, 758, \u00a7 59.1-284.33.","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"}}