VirginiaResale Disclosure Act; resale certificate, responsibility for payment of insurance deductible.
What it does
Resale Disclosure Act; resale certificate; responsibility for payment of insurance deductible. Requires the resale certificate form, developed by the Common Interest Community Board, to include a statement indicating that the governing documents of an association may make an owner responsible for payment of all or part of the deductible when making a claim against any insurance provided by the association for the benefit of the owners or insurance coverage recommended or required to be obtained by the owners. This bill is identical to HB 1704.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 18Acts of Assembly Chapter text (CHAP0016)Latest
- Mar 18Approved by Governor Glenn Youngkin-Chapter 16 (Effective 07/01/25)Became Law
- Feb 20Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Feb 20Enrolled Bill Communicated to Governor on February 20, 2025Minor
- Feb 16Signed by PresidentMajor
- Feb 13Signed by SpeakerMajor
- Feb 13Fiscal Impact Statement from Department of Planning and Budget (SB808)
- Feb 13Bill text as passed Senate and House (SB808ER)Major
- Feb 13EnrolledMinor
- Feb 11Passed House (94-Y 0-N)Passed House
- Vote recorded Passed House (94-Y 0-N). Result: pass.Lower
- Feb 11Read third timeMinor
- Feb 10Read second timeMinor
- Feb 6Reported from General Laws (21-Y 0-N)Minor
- Vote recorded Reported from General Laws (21-Y 0-N). Result: pass.Lower
- Feb 5Referred to Committee on General LawsMinor
- Feb 5Read first timeMinor
- Feb 5Placed on Calendar
- Jan 24Fiscal Impact Statement from Department of Planning and Budget (SB808)
- Jan 21Read third time and passed Senate (40-Y 0-N)Passed Senate
- Vote recorded Read third time and passed Senate (40-Y 0-N). Result: pass.Upper
- Jan 20Read second time and engrossedMinor
- Jan 17Passed by for the day
- Vote recorded Constitutional reading dispensed (on 1st reading) (40-Y 0-N). Result: pass.Upper
- Jan 17Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
- Jan 17Rules suspended
- Jan 15Reported from General Laws and Technology (15-Y 0-N)Minor
- Vote recorded Reported from General Laws and Technology (15-Y 0-N). Result: pass.Upper
- 2024
- Dec 30Referred to Committee on General Laws and TechnologyMinor
- Dec 30Prefiled and ordered printed; Offered 01-08-2025 25103069DIntroduced