VirginiaPrivate activity bonds; allocation of state ceiling.
What it does
Private activity bonds; allocation of state ceiling. Increases the housing allocation of the Virginia state ceiling on private activity bonds from 57 to 67 percent by (i) increasing the allocation to the Virginia Housing Development Authority from the current 43 percent to 50 percent and (ii) increasing the allocation to local housing authorities from the current 14 percent to 17 percent. The bill also maintains the current 18 percent for the Governor's state allocation portion and reduces the industrial development bonds for manufacturing and exempt facilities portion of the ceiling from 25 to 15 percent.
More detail
This bill is identical to HB 1227.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 31Acts of Assembly Chapter text (CHAP0038)Latest
- Mar 31Approved by Governor Abigail Spanberger-Chapter 38 (effective 7/1/2026)Became Law
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 5Fiscal Impact Statement from Department of Planning and Budget (SB729)
- Mar 5Signed by PresidentMajor
- Mar 5Signed by SpeakerMajor
- Mar 5Bill text as passed Senate and House (SB729ER)Major
- Mar 5EnrolledMinor
- Mar 2Passed House (90-Y 8-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 2Read third timeMinor
- Mar 2Moved from Uncontested Calendar to Regular Calendar
- Feb 27Read second timeMinor
- Feb 25Reported from Appropriations (22-Y 0-N)Minor
- Vote recorded Reported from Appropriations. Result: pass.Lower
- Feb 25Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
- Feb 20Referred to Committee on AppropriationsMinor
- Feb 20Read first timeMinor
- Feb 20Placed on Calendar
- Feb 16Blank Action
- Vote recorded Constitutional reading dispensed (on 3rd reading). Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Feb 16Read third time and passed Senate Block Vote (39-Y 0-N 0-A)Passed Senate
- Feb 16Constitutional reading dispensed Block Vote (on 3rd reading) (39-Y 0-N 0-A)
- Feb 16Rules suspended
- Feb 16Engrossed by Senate Block Vote (Voice Vote)
- Feb 16Read second timeMinor
- Feb 13Passed by for the day
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Feb 13Constitutional reading dispensed (on 1st reading) (35-Y 0-N 0-A)
- Feb 13Rules suspended
- Feb 12Reported from Finance and Appropriations (15-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
- Feb 3Continued to next session in Finance and Appropriations (15-Y 0-N)
- Vote recorded Continued to next session in Finance and Appropriations. Result: pass.Upper
- Jan 28Rereferred from General Laws and Technology to Finance and Appropriations (11-Y 0-N)Minor
- Vote recorded Rereferred from General Laws and Technology. Result: pass.Upper
- Jan 26Fiscal Impact Statement from Department of Planning and Budget (SB729)
- Jan 19Referred to Committee on General Laws and TechnologyMinor
- Jan 19Presented and ordered printed 26105459DIntroduced