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Letter on Virginia Investment Performance and Major Eligible Employer Grants, Third Quarter (October 4, 2022)

Summary

This is an October 4, 2022 letter from the Office of the Governor of the Commonwealth of Virginia to The Honorable Janet D. Howell, The Honorable Barry D. Knight and The Honorable Roxann L. Robinson. It reports on the Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants for the third quarter of the 2022 calendar year, and states that no VIP grants and no MEE grants were awarded in the quarter ending September 30, 2022. Disbursements from the VIP were made to MillerCoors, Fareva, Carmeuse, and James Hardie Building Products. The letter notes that the VIP legislative cap has been reached and that no further VIP grants may be offered at this time.

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“Letter on Virginia Investment Performance and Major Eligible Employer Grants, Third Quarter (October 4, 2022).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-rd559-04f25a3bdc/, SHA-256 c329037b6945b6f60744eb31b801b57a4cc75e2ddb7fc3ee5f8f16e4155b80d9.

Full text

                                   COMMONWEALTH of VIRGINIA
                                                   Office of the Governor
Caren DeWitt Memck
Secretary o( Commerce ,mJ TraJ,·


                                                          October 4, 2022



           The Honorable Janet D. Howell                                The Honorable Barry D. Knight
           Chair                                                        Chair
           Senate Finance and Appropriations Committee                  House Appropriations Committee
           P.O. Box 2608                                                1852 Mill Landing Road
           Reston, Virginia 20195                                       Virginia Beach, Virginia 23457

           The Honorable Roxann L. Robinson
           Chair
           House Finance Committee
           P.O. Box 4627
           Midlothian, Virginia 23112

           Senator and Delegates:

                  I am writing to report on the Virginia Investment Performance (VIP) and Major Eligible
           Employer (MEE) grants that were awarded during the third quarter of the 2022 calendar year as
           required by § 2.2-5103(0) of the Code of Virginia.

                  In the third quarter, ending September 30, 2022, no VIP grants were awarded.
           Additionally, no MEE grants were awarded in the third quarter of 2022.

           Virginia Investment Performance:

                      No VIP grants were awarded.

           Major Eligible Employer:

                      No MEE grants were awarded.




           Patrick Henry Build mg • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786-7831 • TIY: (800) 828-1120
                                  COMMONWEALTH of VIRGINIA
                                                    Office of the Governor
Caren DeWitt Merrick
,rrnry nf CtunmeKe .m,l Tra.k


          Money Committee Chair
          October 4, 2022
          Page Two

                 For the third quarter of the 2022 calendar year, disbursements from the VIP were made to
          MillerCoors, Fareva, Carmeuse, and James Hardie Building Products.

                 It should be noted that the VIP legislative cap has been reached and that no further VIP
          grants may be offered at this time.

                     Please let me know if you have any questions regarding this quarterly report of VIP and
          MEE.

                                                                Sincerely,



                                                                Caren Merrick

           CM:kme

          cc         Mr. Jason El Koubi
                     President and Chief Executive Officer
                     Virginia Economic Development Partnership




           Patrick Henry Butldmg • 1111 East Broad Street • Richmond, Virginia 232 I 9 • (804) 786-7831 • TTY: (800) 828-1120

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