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> Virginia paid $750M in subsidies for Amazon HQ2 to bring 2500 high paying jobs in 2023.

Wrong. Virginia approved up to $750M in subsidies for Amazon should Amazon meet the terms.

> What recourse does Virginia have?

All they have to do is abide by the agreement because Amazon has to make the case each year to receive that year's subsidy.



Person below commented they already went down from 50K jobs promised to 25K and that $750M is still sitting pretty. The terms are also flexible and over 15+ years so they can keep making false promises kicking the can down the road.

Not hard to imagine Amazon got a favorable deal concerning the subsidy stipulations due to all the competing bids for HQ2.


No need to imagine -- the deal is linked in the WP article.

https://d39w7f4ix9f5s9.cloudfront.net/a1/f2/85b7a8db41379e15...

From my reading, it seems pretty reasonable.

(1) Here's what Virginia and Amazon agree to. (2) Here's how it will be measured. (3) Here are the terms around payments.


The VA numbers were always based on 25k jobs.


Minimum 25,000 Phase 1 Jobs ($550M allocated) and 12,850 Phase 2 Jobs ($200M allocated)




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