Letter on VIP and MEE Grants, Third Quarter 2023 — Caren DeWitt Merrick

Summary

This is a letter dated October 17, 2023 from Caren DeWitt Merrick to the Honorable Janet D. Howell and the Honorable George L. Barker, Co-Chairs of the Senate Finance and Appropriations Committee, and to the Honorable Barry D. Knight and the Honorable Roxann L. Robinson, chairs of the House Appropriations Committee and House Finance Committee. It reports on the Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants for the third quarter of the 2023 calendar year under § 2.2-5103(D) of the Code of Virginia, stating that no VIP or MEE grants were awarded in the quarter ending September 30, 2023. VIP disbursements were made to James Hardie, Kingspan, Whitewave, MillerCoors, Fareva, Merck, Carmeuse and Hollister.

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Full text

                                     COMMONWEALTH of VIRGINIA
                                                    Office of the Governor
Caren DeWitt Merrick
Secretary ,,f C,nnmcrcc and Tra<lc

                                                           October 17, 2023



           The Honorable Janet D. Howell                                 The Honorable George L. Barker
           Co-Chair                                                      Co-Chair
           Senate Finance and Appropriations Committee                   Senate Finance and Appropriations Committee
           P.O. Box 2608                                                 P.O. Box 10527
           Reston, Virginia 20195                                        Alexandria, Virginia 22310

           The Honorable Barry D. Knight                                 The Honorable Roxann L. Robinson
           Chair                                                         Chair
           House Appropriations Committee                                House Finance Committee
           1852 Mill Landing Road                                        P.O. Box 4627
           Virginia Beach, Virginia 23457                                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 2023 calendar year as
           required by § 2.2-5103(D) of the Code of Virginia.

                   In the third quarter, ending September 30, 2023, no VIP grants were awarded.
            Additionally, no MEE grants were awarded in the third quarter of 2023.

            Virginia Investment Performance:

                       No VIP grants were awarded.

            Major Eligible Employer:

                       No MEE grants were awarded.




             Patrick Henry Building • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786-7831 • TTY: (800) 828,1120
Money Committee Chair
October 17, 2023
Page Two


      For the third quarter of the 2023 calendar year, disbursements from the VIP were made to
James Hardie, Kingspan, Whitewave, MillerCoors, Fareva, Merck, Carmeuse, and Hollister.

       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


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