SB 565 VA Became Law
Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.
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Summary
Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors.
Sponsor (1)
- Glen H. Sturtevant, Jr. Republican · primary
Action history (32)
- Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103831D · upper
- Jan 14, 2026 Referred to Committee on General Laws and Technology · upper
- Feb 3, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB565) · upper
- Feb 11, 2026 Reported from General Laws and Technology (14-Y 1-N) · upper
- Feb 13, 2026 Rules suspended · upper
- Feb 13, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (36-Y 0-N 0-A) · upper
- Feb 13, 2026 Passed by for the day Block Vote (Voice Vote) · upper
- Feb 16, 2026 Read second time · upper
- Feb 16, 2026 Engrossed by Senate (Voice Vote) · upper
- Feb 17, 2026 Read third time and passed Senate (40-Y 0-N 0-A) · upper
- Feb 24, 2026 Placed on Calendar · lower
- Feb 24, 2026 Read first time · lower
- Feb 24, 2026 Referred to Committee on General Laws · lower
- Feb 25, 2026 Assigned HGL sub: Professions/Occupations and Administrative Process · lower
- Feb 26, 2026 House subcommittee offered · lower
- Feb 26, 2026 Subcommittee recommends reporting with amendment(s) (8-Y 0-N) · lower
- Mar 3, 2026 Reported from General Laws with amendment(s) (21-Y 0-N) · lower
- Mar 5, 2026 Read second time · lower
- Mar 6, 2026 Read third time · lower
- Mar 6, 2026 committee amendment agreed to · lower
- Mar 6, 2026 Engrossed by House as amended · lower
- Mar 6, 2026 Passed House with amendment (97-Y 0-N 0-A) · lower
- Mar 10, 2026 House amendment agreed to by Senate (40-Y 0-N 0-A) · upper
- Mar 30, 2026 Enrolled · upper
- Mar 30, 2026 Bill text as passed Senate and House (SB565ER) · upper
- Mar 30, 2026 Signed by President · upper
- Mar 31, 2026 Signed by Speaker · lower
- Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · upper
- Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 2, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB565) · upper
- Apr 8, 2026 Approved by Governor-Chapter 508 (effective 7/1/2026) · executive
- Apr 8, 2026 Acts of Assembly Chapter text (CHAP0508) · executive
Text versions (10)
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.
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