HB 1518 VA Became Law
Buyer to beware; Va. Housing Commission to review existing required disclosures, etc.
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Summary
Virginia Housing Commission; Virginia Residential Property Disclosure Act; comprehensive review of required disclosures; report. Directs the Virginia Housing Commission to convene a stakeholder advisory group to assist the Commission in conducting a comprehensive review of (i) required disclosures for a buyer to beware, (ii) current methods for a buyer to receive a residential property disclosure statement, and (iii) the statutory language related to residential property disclosure statements and the language used in such disclosure statements. The bill further directs the Commission to develop recommendations based on such review and stakeholder input to improve efficiency, transparency, and the consumer experience while maintaining legal protections for all parties. The bill requires the Commission to submit a written report of its findings and recommendations to the Chairs of the House Committee on General Laws and the Senate Committee on General Laws and Technology no later than October 1, 2026. This bill incorporates HB 477.
Sponsor (1)
- Kelly K. Convirs-Fowler Democratic · primary
Action history (37)
- Jan 23, 2026 Presented and ordered printed 26106159D · lower
- Jan 23, 2026 Referred to Committee on General Laws · lower
- Jan 30, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1518) · lower
- Feb 2, 2026 Assigned HGL sub: Housing/Consumer Protection · lower
- Feb 12, 2026 House subcommittee offered · lower
- Feb 12, 2026 Subcommittee recommends reporting with substitute (10-Y 0-N) · lower
- Feb 12, 2026 Incorporates HB477 (Watts) · lower
- Feb 12, 2026 Reported from General Laws with substitute (21-Y 0-N) · lower
- Feb 12, 2026 Committee substitute printed 26107885D-H1 · lower
- Feb 15, 2026 Read first time · lower
- Feb 16, 2026 Read second time · lower
- Feb 16, 2026 committee substitute agreed to · lower
- Feb 16, 2026 Engrossed by House - committee substitute · lower
- Feb 17, 2026 Read third time and passed House (97-Y 0-N 0-A) · lower
- Feb 18, 2026 Constitutional reading dispensed (on 1st reading) · upper
- Feb 18, 2026 Referred to Committee on General Laws and Technology · upper
- Feb 25, 2026 Assigned GL&T sub: Housing · upper
- Feb 25, 2026 Senate subcommittee offered · upper
- Mar 4, 2026 Reported from General Laws and Technology with substitute (15-Y 0-N) · upper
- Mar 5, 2026 Committee substitute printed 26108565D-S1 · upper
- Mar 6, 2026 Rules suspended · upper
- Mar 6, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A) · upper
- Mar 6, 2026 Passed by for the day Block Vote (Voice Vote) · upper
- Mar 9, 2026 Read third time · upper
- Mar 9, 2026 Committee substitute agreed to (Voice Vote) · upper
- Mar 9, 2026 Engrossed by Senate - committee substitute · upper
- Mar 9, 2026 Passed Senate with substitute Block Vote (40-Y 0-N 0-A) · upper
- Mar 10, 2026 Senate substitute agreed to by House (95-Y 3-N 0-A) · lower
- Mar 11, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1518) · lower
- Mar 30, 2026 Enrolled · lower
- Mar 30, 2026 Bill text as passed House and Senate (HB1518ER) · lower
- 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 · lower
- Mar 31, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
- Apr 1, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1518) · lower
- Apr 13, 2026 Approved by Governor-Chapter 871 (effective 7/1/2026) · executive
Text versions (14)
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
- General Laws and Technology Substitute · PDF
- General Laws and Technology Substitute · HTML
- General Laws and Technology Substitute · PDF
- General Laws and Technology Substitute · HTML
- General Laws Substitute · PDF
- General Laws Substitute · HTML
- General Laws Substitute · PDF
- General Laws Substitute · HTML
- Housing/Consumer Protection Subcommittee Substitute · PDF
- Housing/Consumer Protection Subcommittee Substitute · HTML
- Introduced · PDF
- Introduced · HTML
Full text
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