HB 902 VA

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Became Law

Financial institutions; out-of-state credit unions. Clarifies that the National Credit Union Administration is not required to designate an agent for service of process and agree that in the absence of such designation service may be upon the clerk of the State Corporation Commission. Current law requires out-of-state credit unions conducting business in the Commonwealth to have any insurer of shares designate such an agent and agree to such service in the absence of such a designation.

• Alfonso H. Lopez Democratic · primary

1. Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103287D · lower
2. Jan 13, 2026 Referred to Committee on Labor and Commerce · lower
3. Jan 22, 2026 Assigned HCL sub: Subcommittee #1 · lower
4. Jan 25, 2026 Fiscal Impact Statement from State Corporation Commission (HB902) · lower
5. Feb 3, 2026 Subcommittee recommends reporting (9-Y 0-N) · lower
6. Feb 5, 2026 Reported from Labor and Commerce (22-Y 0-N) · lower
7. Feb 9, 2026 Read first time · lower
8. Feb 10, 2026 Read second time and engrossed · lower
9. Feb 11, 2026 Read third time and passed House (96-Y 0-N 0-A) · lower
10. Feb 11, 2026 Reconsideration of passage agreed to by House · lower
11. Feb 11, 2026 Passed House (98-Y 0-N 0-A) · lower
12. Feb 12, 2026 Constitutional reading dispensed (on 1st reading) · upper
13. Feb 12, 2026 Referred to Committee on Commerce and Labor · upper
14. Feb 23, 2026 Reported from Commerce and Labor (14-Y 0-N) · upper
15. Feb 25, 2026 Rules suspended · upper
16. Feb 25, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) · upper
17. Feb 25, 2026 Passed by for the day Block Vote (Voice Vote) · upper
18. Feb 26, 2026 Read third time · upper
19. Feb 26, 2026 Passed Senate (40-Y 0-N 0-A) · upper
20. Mar 3, 2026 Enrolled · lower
21. Mar 3, 2026 Bill text as passed House and Senate (HB902ER) · lower
22. Mar 3, 2026 Signed by Speaker · lower
23. Mar 3, 2026 Signed by President · upper
24. Mar 9, 2026 Fiscal Impact Statement from State Corporation Commission (HB902) · lower
25. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · lower
26. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
27. Apr 13, 2026 Approved by Governor-Chapter 700 (effective 7/1/2026) · 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.

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