SB 715 VA Introduced
Land records; certain financing statements, recording and indexing fees.
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Summary
This bill would modify provisions governing the recording and indexing of certain financing statements in Virginia's land records. Financing statements are legal documents filed to record security interests in property and other assets. The bill would amend fees charged for recording and indexing these financing statements in the land records system. The fee changes would affect the cost for lenders, businesses, and individuals to file and maintain financing statements in Virginia's official land records.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
A BILL to amend and reenact §§ 8.9A-502, 17.1-275, and 58.1-811, as it is currently effective and as it may become effective, of the Code of Virginia, relating to land records; certain financing statements; recording and indexing fees.
Sponsor (1)
- R. Creigh Deeds Democratic · primary
Action history (5)
- Jan 14, 2026 Presented and ordered printed 26101348D · upper
- Jan 14, 2026 Referred to Committee for Courts of Justice · upper
- Feb 2, 2026 Reported from Courts of Justice and rereferred to Finance and Appropriations (14-Y 0-N 1-A) · upper
- Feb 10, 2026 Continued to next session in Finance and Appropriations (15-Y 0-N) · upper
- Jul 21, 2026 Continued from last session · upper
Full text
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