Summary: Minimum wage. Increases the minimum wage from the current rate of $12.00 per hour to $13.50 per hour effective January 1, 2025, and to $15.00 per hour effective January 1, 2026. The bill satisfies a reenactment clause included in Chapters 1204 and 1242 of the Acts of Assembly of 2020. This bill is identical to SB 1.

Summary: Virginia Growth and Opportunity Board. Modifies aspects of the Virginia Growth and Opportunity Board by adding a fourth Secretary to the Board's membership, to be appointed by the Governor, and providing that the Secretary of Labor may be one of the Secretaries appointed to the Board. The bill also reduces the amount of matching funds required for any grant awarded from the Virginia Growth and Opportunity Fund by requiring such funds to be equal to at least half of the grant awarded until July 1, 2028.

Summary: Financial Services Expansion Grant Fund. Creates the Financial Services Expansion Grant Fund to make grant payments to an eligible financial services company that makes a capital investment of at least $87 million at a facility in Roanoke County and creates at least 1,100 new full-time jobs at the facility. The eligible financial services company would be eligible for an aggregate of $15 million in grants paid out over a 10-year period if it meets such performance parameters. This bill is identical to SB 156.

Summary: State parks; First Responder and Veteran Passport;discounted entry and parking. Establishes a First Responder andVeteran Passport that entitles a first responder or a veteran ofthe Armed Forces of the United States or other military service toreceive a 50 percent discount on parking and admission fees at stateparks in the Commonwealth.