SB 165 VA

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Became Law

Contracts; retainage bonds permitted in construction contracts. Allows, in any construction contract between an owner and a general contractor or between a general contractor and a subcontractor, such contractor or subcontractor to tender a retainage bond, defined in the bill, as a substitute for retainage withheld as security in such contracts. The provisions of the bill do not become effective unless reenacted by the 2027 Session of the General Assembly.

• Jeremy S. McPike Democratic · primary

1. Jan 7, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101912D · upper
2. Jan 7, 2026 Referred to Committee on General Laws and Technology · upper
3. Jan 7, 2026 Introduced bill reprinted 26101912D · upper
4. Jan 28, 2026 Reported from General Laws and Technology with amendment (15-Y 0-N) · upper
5. Jan 30, 2026 Rules suspended · upper
6. Jan 30, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N 0-A) · upper
7. Jan 30, 2026 Passed by for the day Block Vote (Voice Vote) · upper
8. Feb 2, 2026 Read second time · upper
9. Feb 2, 2026 General Laws and Technology Amendment agreed to · upper
10. Feb 2, 2026 Engrossed by Senate as amended Block Vote (Voice Vote) · upper
11. Feb 3, 2026 Read third time and passed Senate (39-Y 0-N 0-A) · upper
12. Feb 6, 2026 Placed on Calendar · lower
13. Feb 6, 2026 Read first time · lower
14. Feb 6, 2026 Referred to Committee on General Laws · lower
15. Feb 23, 2026 Assigned HGL sub: Procurement/Open Government · lower
16. Feb 24, 2026 Subcommittee recommends reporting (10-Y 0-N) · lower
17. Feb 26, 2026 Reported from General Laws (21-Y 0-N) · lower
18. Mar 2, 2026 Read second time · lower
19. Mar 3, 2026 Read third time · lower
20. Mar 3, 2026 Passed House (97-Y 0-N 0-A) · lower
21. Mar 9, 2026 Enrolled · upper
22. Mar 9, 2026 Bill text as passed Senate and House (SB165ER) · upper
23. Mar 9, 2026 Signed by Speaker · lower
24. Mar 9, 2026 Signed by President · upper
25. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
26. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
27. Apr 8, 2026 Approved by Governor-Chapter485 (Effective -see bill) · executive
28. Apr 8, 2026 Acts of Assembly Chapter text (CHAP0485) · 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
• Engrossed · PDF
• Engrossed · HTML
• General Laws and Technology Amendment · HTML
• Introduced · PDF
• Introduced · HTML