Va. Economic Development Partnership; evaluation of new economic development incentives.

Virginia Economic Development Partnership; evaluation of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector; report. Directs the Virginia Economic Development Partnership, in collaboration with the Department of Taxation, to evaluate the benefits and impacts of new economic development incentives for companies engaging in the microchip and semiconductor and related equipment and material supplies sector. The bill requires VEDP to provide a report on its findings and recommendations to the Chairmen of the Senate Committee on Finance and Appropriations and the House Committee on Appropriations no later than November 30, 2025.