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 SB 729.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 31Acts of Assembly Chapter text (CHAP0037)Latest
- Mar 31Approved by Governor Abigail Spanberger-Chapter 37 (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 (HB1227)
- Mar 4Signed by PresidentMajor
- Mar 4Signed by SpeakerMajor
- Mar 4Bill text as passed House and Senate (HB1227ER)Major
- Mar 4EnrolledMinor
- Feb 27Passed Senate (37-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Feb 27Read third timeMinor
- Feb 26Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Feb 26Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- Feb 26Rules suspended
- Feb 25Reported from Finance and Appropriations (15-Y 0-N)Minor
- Vote recorded Reported from Finance and Appropriations. Result: pass.Upper
- Feb 6Referred to Committee on Finance and AppropriationsMinor
- Feb 6Constitutional reading dispensed (on 1st reading)
- Feb 5Read third time and passed House (92-Y 6-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 4Read second time and engrossedMinor
- Feb 4Moved from Uncontested Calendar to Regular Calendar
- Feb 3Read first timeMinor
- Jan 30Reported from Appropriations (21-Y 0-N)Minor
- Vote recorded Reported from Appropriations. Result: pass.Lower
- Jan 28Subcommittee recommends reporting (3-Y 2-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Jan 26Fiscal Impact Statement from Department of Planning and Budget (HB1227)
- Jan 23Assigned HAPP sub: Commerce Agriculture & Natural ResourcesMinor
- Jan 14Referred to Committee on AppropriationsMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26103260DIntroduced