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SB 611Economic development incentives; wage requirements.

VA 20261 session

Economic development incentives; wage requirements. Requires companies to pay an average wage for the jobs eligible for assistance under the component programs of the Virginia Jobs Investment Program that is no less than the prevailing average wage, defined in the bill, or, in the case of an economically distressed locality, defined in the bill, no less than 85 percent of the prevailing average wage. Under current law, to be eligible for the component programs, companies must pay a minimum entry-level wage rate per hour of at least 1.2 times the federal minimum wage or the Virginia minimum wage, whichever is higher, and in areas that have an unemployment rate of 1.5 times the statewide average unemployment rate, the wage rate minimum may be waived. The bill also authorizes the payment of Virginia Investment Performance Grants if the average wage paid by the eligible manufacturer or research and development service, excluding fringe benefits, is no less than 85 percent of the prevailing average wage in localities with either (i) an annual unemployment rate for the most recent calendar year for which such data is available that is greater than the final statewide average unemployment rate for that calendar year or (ii) a poverty rate for the most recent calendar year for which such data is available that exceeds the statewide average poverty rate for that year. Under current law, such authorization is limited to those localities meeting both the unemployment rate and poverty rate thresholds.

Latest action: Continued

Sponsors (1)
Action timeline (6)
  1. · senate · S4020
  2. · senate · S0501
  3. · senate · S8500
  4. · senate · S8500
  5. · senate · S8500
  6. · senate · S0540
Text versions (0)

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Bill text (extracted)
Amendments
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Connected on the graph

1 typed relationship in the influence graph — 0 inbound, 1 outbound, grouped by type.

referred to committee (1)
datedirentityamountrolesource
Finance and Appropriationsva-leg
Who matters on this bill

Who matters

Members ranked by combined influence on this bill: role (sponsor 5 / cosponsor 1), capped speech count from the Congressional Record, and recorded-vote engagement.

#MemberRoleSpeechesVotedScore
1R. Creigh Deeds (D, state_upper VA)sponsor05
Stance (positions taken)

Predicted vote

Aggregated from: actual roll-call votes (when present) → sponsor → cosponsor → party median (predicts YES when ≥25% of the caucus sponsored/cosponsored). Each row labels its confidence tier so you can see why a position was predicted.

0 predicted yes (0%) · 543 predicted no (100%) · 0 unknown (0%)

By party: · R: 0 yes / 277 no · D: 0 yes / 263 no · I: 0 yes / 3 no

Timeline

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  1. 2026-05-24 · was referred to Finance and Appropriations · va-leg
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