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SB 227 VA
Became Law

Arbitration; high-volume service providers, selection of arbitrator, civil remedies.

VA · session 2026 · Senate · bill

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Introduced Jan 10, 2026

Latest action (Apr 8, 2026) Acts of Assembly Chapter text (CHAP0490)

Summary

Arbitration; high-volume arbitration service providers; selection of arbitrator; civil remedies. Requires a high-volume arbitration service provider, defined in the bill as a person or entity that administers, facilitates, or provides arbitration services in the Commonwealth and that conducts more than 100 arbitrations per year that arise from a pre-dispute arbitration agreement involving a Virginia-connected transaction, to establish and maintain certain procedures related to the selection of an arbitrator. Under the bill, a party aggrieved by a high-volume arbitration service provider that has failed to comply with such requirements may seek injunctive relief or other appropriate civil remedy or make an application with a circuit court to vacate an arbitration award in accordance with current law. The bill also requires all high-volume arbitration service providers to report information related to certain arbitrations annually with the State Corporation Commission and permits the Commission to impose a $10,000 civil penalty per violation on high-volume arbitration service providers who fail to comply with the provisions of the bill. Finally, the bill provides that these provisions shall apply to arbitration agreements entered into on or after July 1, 2026.

Sponsor (1)

Action history (38)

  1. Jan 10, 2026 Prefiled and ordered printed; Offered 01-14-2026 26100636D · upper
  2. Jan 10, 2026 Referred to Committee for Courts of Justice · upper
  3. Jan 21, 2026 Courts of Justice Substitute · upper
  4. Jan 21, 2026 Reported from Courts of Justice with substitute (14-Y 1-N) · upper
  5. Jan 23, 2026 Committee substitute printed 26105387D-S1 · upper
  6. Jan 23, 2026 Rules suspended · upper
  7. Jan 23, 2026 Constitutional reading dispensed (on 1st reading) (39-Y 0-N 0-A) · upper
  8. Jan 23, 2026 Passed by for the day (Voice Vote) · upper
  9. Jan 23, 2026 Passed by for the day · upper
  10. Jan 26, 2026 Courts of Justice Substitute agreed to · upper
  11. Jan 26, 2026 Engrossed by Senate (Voice Vote) · upper
  12. Jan 26, 2026 Read second time · upper
  13. Jan 26, 2026 Engrossed by Senate - committee substitute · upper
  14. Jan 27, 2026 Read third time and passed Senate (38-Y 0-N 0-A) · upper
  15. Jan 28, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB227) · upper
  16. Feb 3, 2026 Placed on Calendar · lower
  17. Feb 3, 2026 Read first time · lower
  18. Feb 3, 2026 Referred to Committee for Courts of Justice · lower
  19. Feb 17, 2026 Assigned HCJ sub: Civil · lower
  20. Feb 18, 2026 Subcommittee recommends reporting (10-Y 0-N) · lower
  21. Mar 2, 2026 Reported from Courts of Justice with amendment(s) (22-Y 0-N) · lower
  22. Mar 3, 2026 Read second time · lower
  23. Mar 4, 2026 Read third time · lower
  24. Mar 4, 2026 committee amendments agreed to · lower
  25. Mar 4, 2026 Engrossed by House as amended · lower
  26. Mar 4, 2026 Passed House with amendments (97-Y 0-N 0-A) · lower
  27. Mar 4, 2026 Reconsideration of passage agreed to by House · lower
  28. Mar 4, 2026 Passed House with amendments (99-Y 0-N 0-A) · lower
  29. Mar 6, 2026 House amendments agreed to by Senate (40-Y 0-N 0-A) · upper
  30. Mar 12, 2026 Enrolled · upper
  31. Mar 12, 2026 Bill text as passed Senate and House (SB227ER) · upper
  32. Mar 12, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB227) · upper
  33. Mar 12, 2026 Signed by Speaker · lower
  34. Mar 12, 2026 Signed by President · upper
  35. Mar 14, 2026 Enrolled Bill communicated to Governor on March 14, 2026 · upper
  36. Mar 14, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  37. Apr 8, 2026 Approved by Governor-Chapter 490 (effective 7/1/2026) · executive
  38. Apr 8, 2026 Acts of Assembly Chapter text (CHAP0490) · executive

Text versions (12)

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
  • House Amendments · HTML
  • Courts of Justice Amendment · HTML
  • Courts of Justice Substitute · PDF
  • Courts of Justice Substitute · HTML
  • Courts of Justice Substitute · PDF
  • Courts of Justice Substitute · HTML
  • Introduced · PDF
  • Introduced · HTML

Full text

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Data from OpenStates. View on OpenStates →