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SB 565 VA
Became Law

Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.

VA · session 2026 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 14, 2026

Latest action (Apr 8, 2026) Acts of Assembly Chapter text (CHAP0508)

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)

Action history (32)

  1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103831D · upper
  2. Jan 14, 2026 Referred to Committee on General Laws and Technology · upper
  3. Feb 3, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB565) · upper
  4. Feb 11, 2026 Reported from General Laws and Technology (14-Y 1-N) · upper
  5. Feb 13, 2026 Rules suspended · upper
  6. Feb 13, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (36-Y 0-N 0-A) · upper
  7. Feb 13, 2026 Passed by for the day Block Vote (Voice Vote) · upper
  8. Feb 16, 2026 Read second time · upper
  9. Feb 16, 2026 Engrossed by Senate (Voice Vote) · upper
  10. Feb 17, 2026 Read third time and passed Senate (40-Y 0-N 0-A) · upper
  11. Feb 24, 2026 Placed on Calendar · lower
  12. Feb 24, 2026 Read first time · lower
  13. Feb 24, 2026 Referred to Committee on General Laws · lower
  14. Feb 25, 2026 Assigned HGL sub: Professions/Occupations and Administrative Process · lower
  15. Feb 26, 2026 House subcommittee offered · lower
  16. Feb 26, 2026 Subcommittee recommends reporting with amendment(s) (8-Y 0-N) · lower
  17. Mar 3, 2026 Reported from General Laws with amendment(s) (21-Y 0-N) · lower
  18. Mar 5, 2026 Read second time · lower
  19. Mar 6, 2026 Read third time · lower
  20. Mar 6, 2026 committee amendment agreed to · lower
  21. Mar 6, 2026 Engrossed by House as amended · lower
  22. Mar 6, 2026 Passed House with amendment (97-Y 0-N 0-A) · lower
  23. Mar 10, 2026 House amendment agreed to by Senate (40-Y 0-N 0-A) · upper
  24. Mar 30, 2026 Enrolled · upper
  25. Mar 30, 2026 Bill text as passed Senate and House (SB565ER) · upper
  26. Mar 30, 2026 Signed by President · upper
  27. Mar 31, 2026 Signed by Speaker · lower
  28. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · upper
  29. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  30. Apr 2, 2026 Fiscal Impact Statement from Department of Planning and Budget (SB565) · upper
  31. Apr 8, 2026 Approved by Governor-Chapter 508 (effective 7/1/2026) · executive
  32. 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.

  • Chaptered · PDF
  • Chaptered · HTML
  • Enrolled · PDF
  • Enrolled · HTML
  • House Amendment · HTML
  • General Laws Amendment · HTML
  • General Laws Amendment · HTML
  • Professions/Occupations and Administrative Process Subcommittee Amendment · HTML
  • Introduced · PDF
  • Introduced · HTML

Full text

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Data from OpenStates. View on OpenStates →