HB 1227 VA

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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. This bill is identical to SB 729.

• Joshua E. Thomas Democratic · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103260D · lower
2. Jan 14, 2026 Referred to Committee on Appropriations · lower
3. Jan 23, 2026 Assigned HAPP sub: Commerce Agriculture & Natural Resources · lower
4. Jan 26, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1227) · lower
5. Jan 28, 2026 Subcommittee recommends reporting (3-Y 2-N) · lower
6. Jan 30, 2026 Reported from Appropriations (21-Y 0-N) · lower
7. Feb 3, 2026 Read first time · lower
8. Feb 4, 2026 Moved from Uncontested Calendar to Regular Calendar · lower
9. Feb 4, 2026 Read second time and engrossed · lower
10. Feb 5, 2026 Read third time and passed House (92-Y 6-N 0-A) · lower
11. Feb 6, 2026 Constitutional reading dispensed (on 1st reading) · upper
12. Feb 6, 2026 Referred to Committee on Finance and Appropriations · upper
13. Feb 25, 2026 Reported from Finance and Appropriations (15-Y 0-N) · upper
14. Feb 26, 2026 Rules suspended · upper
15. Feb 26, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) · upper
16. Feb 26, 2026 Passed by for the day Block Vote (Voice Vote) · upper
17. Feb 27, 2026 Read third time · upper
18. Feb 27, 2026 Passed Senate (37-Y 0-N 0-A) · upper
19. Mar 4, 2026 Enrolled · lower
20. Mar 4, 2026 Bill text as passed House and Senate (HB1227ER) · lower
21. Mar 4, 2026 Signed by Speaker · lower
22. Mar 4, 2026 Signed by President · upper
23. Mar 5, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1227) · lower
24. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · lower
25. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
26. Mar 31, 2026 Approved by Governor-Chapter 37 (effective 7/1/2026) · executive
27. Mar 31, 2026 Acts of Assembly Chapter text (CHAP0037) · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• Introduced · PDF
• Introduced · HTML