Virginia 2026 Session Status: Introduced

SB611 — Economic development incentives; wage requirements.

Last action — Continued from last session

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House of Delegates
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Stalled 26% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • Introduced

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

This bill sets wage requirements for economic development incentives.

The bill establishes wage standards that must be met to qualify for economic development incentives. This aims to ensure that economic growth benefits workers through fair compensation.

What this means for you
  • Workers: This means that workers may see increased wages as companies need to meet set wage standards to access incentives.
  • Small Business: Small businesses may need to adjust their wage structures to qualify for economic development incentives.

Summary

Economic development incentives; wage requirements.

Bill Text

We don't have the full text on file for this bill yet.

Read SB611 on the official Virginia source →

How this bill changes current law

20 changes Share ↗

Compared against the Code of Virginia as published AI-generated reading aid — verify against the official bill.

This bill amends 2 section(s) of the Code of Virginia: 2.2-2240.3, 2.2-5101.

  • 2.2-2240.3

    "Economically

    Inserts “"Economically”.

  • 2.2-2240.3

    d

    Inserts “d”.

  • 2.2-2240.3

    istressed

    Inserts “istressed”.

  • 2.2-2240.3

    l

    Inserts “l”.

  • 2.2-2240.3

    ocality" means a locality that has an unemployment rate (i) 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) with 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.

    Inserts “ocality" means a locality that has an unemployment rate (i) 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) with 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.”.

  • 2.2-2240.3

    "Prevailing average wage" means that amount determined by the Virginia Employment Commission to be the average wage paid

    Inserts “"Prevailing average wage" means that amount determined by the Virginia Employment Commission to be the average wage paid”.

  • 2.2-2240.3

    to

    Inserts “to”.

  • 2.2-2240.3

    workers in the city or county of the Commonwealth where the job creation or sustainment project is located. The prevailing average wage shall be determined without regard to any fringe benefits.

    Inserts “workers in the city or county of the Commonwealth where the job creation or sustainment project is located. The prevailing average wage shall be determined without regard to any fringe benefits.”.

  • 2.2-2240.3

    a minimum entry-level wage rate per hour of at least 1.2 times the federal minimum wage or the Virginia minimum wage, as required by the Virginia Minimum Wage Act (§ 40.1-28.8 et seq.), whichever is higher

    Strikes “a minimum entry-level wage rate per hour of at least 1.2 times the federal minimum wage or the Virginia minimum wage, as required by the Virginia Minimum Wage Act (§ 40.1-28.8 et seq.), whichever is higher”.

  • 2.2-2240.3

    . In areas that have an unemployment rate of one and one-half times the statewide average unemployment rate, the wage rate minimum may be waived by the Authority

    Strikes “. In areas that have an unemployment rate of one and one-half times the statewide average unemployment rate, the wage rate minimum may be waived by the Authority”.

  • 2.2-2240.3

    an average wage for the jobs eligible for assistance

    Inserts “an average wage for the jobs eligible for assistance”.

  • 2.2-2240.3

    that

    Inserts “that”.

  • 2.2-2240.3

    is (i) no less than the prevailing average wage

    Inserts “is (i) no less than the prevailing average wage”.

  • 2.2-2240.3

    or (ii) in the case of an economically distressed locality, no less than 85 percent of the prevailing average wage

    Inserts “or (ii) in the case of an economically distressed locality, no less than 85 percent of the prevailing average wage”.

  • 2.2-2240.3

    qualify for

    Strikes “qualify for”.

  • 2.2-2240.3

    include fringe

    Inserts “include fringe”.

  • 2.2-2240.3

    for the employee

    Inserts “for the employee”.

  • 2.2-2240.3

    and

    Inserts “and”.

  • 2.2-5101

    and

    Strikes “and”.

  • 2.2-5101

    or

    Inserts “or”.

Action History

  1. S Continued to next session in Finance and Appropriations (15-Y 0-N)

  2. S Fiscal Impact Statement from Department of Planning and Budget (SB611)

  3. S Fiscal Impact Statement from Department of Planning and Budget (SB611)

  4. S Fiscal Impact Statement from Department of Planning and Budget (SB611)

  5. S Referred to Committee on Finance and Appropriations

  6. S Prefiled and ordered printed; Offered 01-14-2026 26102880D

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (147)

147 members have not signed on to this bill.

Show all 147 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed 15 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 15000
Total 15000
% of votes cast 100%0%0%0%
How each member voted (15)

Official roll call →

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB611 do?
Economic development incentives; wage requirements.
Who sponsors SB611?
SB611 is sponsored by R. Creigh Deeds.
What is the current status of SB611?
This bill has been introduced in the Senate. Introduced January 14, 2026. It must pass committee before a floor vote.
Where can I track SB611?
Track SB611 free on One Click Politics — get push/email alerts when it moves.

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