RECONVENED SESSION REENROLLED VIRGINIA ACTS OF ASSEMBLY --–– 2022 RECONVENED SESSION CHAPTER 731R An Act to amend the Code of Virginia by adding in Title 59.1 a chapter numbered 22.19, consisting of a section numbered 59.1-284.40, relating to Nitrile Glove Manufacturing Training Program;
E N [S 595] R Approved AprilO 27, 2022 Be it enacted by the General Assembly of Virginia:
That the Code of Virginia is amended by adding in Title 59.1 a chapter numbered 22.19, L consisting of a section numbered 59.1-284.40, as follows:
L CHAPTER 22.19.
E NITRILE GLOVE MANUFACTURING TRAINING PROGRAM.
MountD RogersA. Planning District that manufacture nitrile gloves for personal protective equipment, orthe manufacture the inputs used to manufacture such gloves, up to $4,601,000 shall be made available to the Virginia Economic Development Partnership Authority through the Virginia Talent Accelerator Program to provide services to such companies.
In order to support the recruiting and training needs of companies with facilities located in the manufacture the inputs used to manufacture such gloves, up to $4,601,000 shall be made available tor the Virginia Economic Development Partnership Authority through the Virginia Talent Accelerator Program to provide services to such companies.
$1,987,000 less the total amount of funds previously awarded pursuant to this subsection forSor the Commonwealth's fiscal year beginning July 1, 2022;
3.5 Commonwealth's fiscal year beginning July 1, 2023;eviously awarded pursuant to this subsection 5or the 4.
$2,722,000 less the total amount of funds previously awarded pursuant to this subsection for the Commonwealth's fiscal year beginning July 1, 2023;
4.
and 2 5.
1.least $37,321;t least 2,464 new jobs that are for full-time employees and that pay an annual wage of at 2.
Create at least 2,464 new jobs that are for full-time employees and that pay an annual wage of at least $37,321;
2.
Any company receiving services pursuant to this section shall annually provide evidence satisfactory to the Virginia Economic Development Partnership Authority of (i) the aggregate number of new jobs created and maintained as of the last month of the calendar year as determined in the memorandum of understanding, the payroll paid by the company during the calendar year, and the average annual wage of the new jobs in the calendar year and (ii) the aggregate amount of the capital investment made during the calendar year, including the extent to which such capital investment was or was not subject to the Virginia Retail Sales and Use Tax Act (§ 58.1-600 et seq.).
D.annual report and evidence provided pursuant to subsection C indicates that a company failed to meety the targets specified in subsection B, the company may be required to repay the Commonwealth a portion of the costs for services delivered pursuant to this section in an amount that reflects the value of the shortfall in the applicable target.
Any memorandum of understanding entered into pursuant to this section shall provide that if any annual report and evidence provided pursuant to subsection C indicates that a company failed to meet the targets specified in subsection B, the company may be required to repay the Commonwealth a portion of the costs for services delivered pursuant to this section in an amount that reflects the value of the shortfall in the applicable target.
As a condition of receipt of the services funded under this section, a company receiving services pursuant to this section shall make available to the Virginia Economic Development Partnership Authority for inspection all documents relevant and applicable to determining whether the company has met the requirements for the receipt of the services as set forth in this section and subject to the memorandum of understanding.
All such documents appropriately identified by the company shall be the considered confidential and proprietary, and shall not be subject to disclosure pursuant to the Virginia of 2 Freedom of Information Act (§ 2.2-3700 et seq.).
Funding made available pursuant to this section shall be used to provide recruitment and training of 2 services for employees of companies that meet the eligibility requirements of this section.