VirginiaVirginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.
What it does
Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors.
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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
- Apr 8Acts of Assembly Chapter text (CHAP0508)Latest
- Apr 8Approved by Governor Abigail Spanberger-Chapter 508 (effective 7/1/2026)Became Law
- Apr 2Fiscal Impact Statement from Department of Planning and Budget (SB565)
- Mar 31Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 31Enrolled Bill communicated to Governor on March 31, 2026Minor
- Mar 31Signed by SpeakerMajor
- Mar 30Signed by PresidentMajor
- Mar 30Bill text as passed Senate and House (SB565ER)Major
- Mar 30EnrolledMinor
- Mar 10House amendment agreed to by Senate (40-Y 0-N 0-A)Major
- Vote recorded Concur House Amendment R. Result: pass.Upper
- Mar 6Passed House with amendment (97-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 6Engrossed by House as amended
- Mar 6committee amendment agreed toMajor
- Mar 6Read third timeMinor
- Mar 5Read second timeMinor
- Mar 3Reported from General Laws with amendment(s) (21-Y 0-N)Minor
- Vote recorded Reported from General Laws with amendment(s). Result: pass.Lower
- Feb 26Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
- Vote recorded Subcommittee recommends reporting with amendment(s). Result: pass.Lower
- Feb 26House subcommittee offered
- Feb 25Assigned HGL sub: Professions/Occupations and Administrative ProcessMinor
- Feb 24Referred to Committee on General LawsMinor
- Feb 24Read first timeMinor
- Feb 24Placed on Calendar
- Feb 17Read third time and passed Senate (40-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Feb 16Engrossed by Senate (Voice Vote)
- Feb 16Read second timeMinor
- Feb 13Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Feb 13Constitutional reading dispensed Block Vote (on 1st reading) (36-Y 0-N 0-A)
- Feb 13Rules suspended
- Feb 11Reported from General Laws and Technology (14-Y 1-N)Minor
- Vote recorded Reported from General Laws and Technology. Result: pass.Upper
- Feb 3Fiscal Impact Statement from Department of Planning and Budget (SB565)
- Jan 14Referred to Committee on General Laws and TechnologyMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26103831DIntroduced