HB 1430 VA
Residential development; authorizes any locality to impose impact fees.
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Summary
This bill would authorize any Virginia locality to impose impact fees on residential development. Impact fees are charges assessed on new residential projects to offset the costs of providing infrastructure and public services (schools, roads, utilities, etc.) to accommodate new residents. The bill would modify provisions to allow all localities to collect these fees, which are used to fund growth-related infrastructure improvements. Impact fees help ensure that the cost of accommodating new residential development is partially borne by the developers rather than entirely by existing taxpayers.
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 §§ 15.2-2328 and 15.2-2329 of the Code of Virginia, relating to impact fees.
Sponsor (1)
- Rae Cousins Democratic · primary
Action history (6)
- Jan 22, 2026 Presented and ordered printed 26102796D · lower
- Jan 22, 2026 Referred to Committee on Counties, Cities and Towns · lower
- Feb 3, 2026 Assigned HCCT sub: Subcommittee #3 · lower
- Feb 5, 2026 Subcommittee recommends continuing to (Voice Vote) · lower
- Feb 6, 2026 Continued to next session in Counties, Cities and Towns (Voice Vote) · lower
- Jul 21, 2026 Continued from last session · lower
Full text
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