SB 240 VA

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Became Law

Retail franchise agreements; governing law; competition restrictions. Provides that retail franchise agreements shall be governed by the laws of the Commonwealth and prohibits any person from offering or entering into a franchise agreement that includes competition restrictions that extend beyond termination or expiration of the franchise agreement, except as a term of sale in the event that a franchisee sells a franchise to a third party or back to the franchisor. This bill is identical to HB 69.

• Christopher T. Head Republican · primary

1. Jan 12, 2026 Prefiled and ordered printed; Offered 01-14-2026 26100824D · upper
2. Jan 12, 2026 Referred to Committee on Commerce and Labor · upper
3. Jan 25, 2026 Fiscal Impact Statement from State Corporation Commission (SB240) · upper
4. Feb 2, 2026 Reported from Commerce and Labor (12-Y 0-N) · upper
5. Feb 4, 2026 Rules suspended · upper
6. Feb 4, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
7. Feb 4, 2026 Passed by for the day Block Vote (Voice Vote) · upper
8. Feb 5, 2026 Read second time · upper
9. Feb 5, 2026 Engrossed by Senate (Voice Vote) · upper
10. Feb 6, 2026 Read third time and passed Senate (40-Y 0-N 0-A) · upper
11. Feb 12, 2026 Placed on Calendar · lower
12. Feb 12, 2026 Read first time · lower
13. Feb 12, 2026 Referred to Committee on Labor and Commerce · lower
14. Feb 24, 2026 Assigned HCL sub: Subcommittee #2 · lower
15. Feb 26, 2026 House subcommittee offered · lower
16. Feb 26, 2026 Subcommittee recommends reporting with substitute (7-Y 0-N) · lower
17. Mar 3, 2026 Reported from Labor and Commerce with substitute (22-Y 0-N) · lower
18. Mar 3, 2026 Committee substitute printed 26108684D-H1 · lower
19. Mar 5, 2026 Read second time · lower
20. Mar 6, 2026 Read third time · lower
21. Mar 6, 2026 committee substitute agreed to · lower
22. Mar 6, 2026 Engrossed by House - committee substitute · lower
23. Mar 6, 2026 Passed House with substitute (97-Y 0-N 0-A) · lower
24. Mar 10, 2026 House substitute agreed to by Senate (40-Y 0-N 0-A) · upper
25. Mar 12, 2026 Fiscal Impact Statement from State Corporation Commission (SB240) · upper
26. Mar 30, 2026 Enrolled · upper
27. Mar 30, 2026 Bill text as passed Senate and House (SB240ER) · upper
28. Mar 30, 2026 Signed by President · upper
29. Mar 31, 2026 Signed by Speaker · lower
30. Mar 31, 2026 Enrolled Bill communicated to Governor on March 31, 2026 · upper
31. Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
32. Apr 6, 2026 Fiscal Impact Statement from State Corporation Commission (SB240) · upper
33. Apr 13, 2026 Approved by Governor-Chapter 554 (effective 7/1/2026) · executive
34. Apr 13, 2026 Acts of Assembly Chapter text (CHAP0554) · 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
• Labor and Commerce Substitute · PDF
• Labor and Commerce Substitute · HTML
• Labor and Commerce Substitute · PDF
• Labor and Commerce Substitute · HTML
• Subcommittee #2 Subcommittee Substitute · PDF
• Subcommittee #2 Subcommittee Substitute · HTML
• Introduced · PDF
• Introduced · HTML