HB 1040 VA

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Became Law

Virginia Commonwealth University Health System Authority; board of directors; chief executive officer. Makes several changes relating to the board of directors and the chief executive officer of the Virginia Commonwealth University Health System Authority (the Authority), including (i) reducing from 19 to 13 the number of appointed members on the boards of directors and adding the chief executive officer of the Authority as an ex officio member with voting privileges, thereby reducing from 21 to 16 the total number of board members; (ii) changing from voting to nonvoting the nature of the membership of the President of Virginia Commonwealth University (the University) on the board of directors and prohibiting rather than requiring, as under current law, the President of the University from serving as chairman of the board of directors; (iii) lengthening the terms of all members of the board of directors from three years to four years; (iv) requiring the biennial election of a chairman and vice-chairman of the board of directors, requiring such chairman and vice-chairman to have served for at least two years on the board of directors, and prohibiting any employee of the University, employee of the Authority, member of the board of visitors of the University, or legislative member from serving as chairman; (v) providing that no further action shall be taken if a majority of each of the three-member committees appointed by the board of directors of the Authority and the board of visitors of the University do not agree on the removal of the chief executive officer of the Authority within 30 days of the appointment of the committees by each board; and (vi) providing that in the event that a majority of the members of each committee do not agree on the selection or conditions of appointment of the chief executive officer within 30 days of the appointment of the committees by each board, then the process set forth in statute shall be repeated until such selection has been made or such conditions of appointment have been determined. Current law requires the President of the University to make a binding decision in the event of any such disagreement. This bill is identical to SB 431.

• Betsy B. Carr Democratic · primary

1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26103333D · lower
2. Jan 14, 2026 Referred to Committee on Education · lower
3. Jan 28, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1040) · lower
4. Jan 28, 2026 Reported from Education and referred to Appropriations (20-Y 1-N) · lower
5. Jan 28, 2026 Assigned HAPP sub: Higher Education · lower
6. Feb 4, 2026 Subcommittee recommends reporting (7-Y 0-N) · lower
7. Feb 6, 2026 Reported from Appropriations (22-Y 0-N) · lower
8. Feb 10, 2026 Read first time · lower
9. Feb 11, 2026 Read second time and engrossed · lower
10. Feb 12, 2026 Read third time and passed House (91-Y 5-N 2-A) · lower
11. Feb 13, 2026 Constitutional reading dispensed (on 1st reading) · upper
12. Feb 13, 2026 Referred to Committee on Education and Health · upper
13. Feb 19, 2026 Rereferred from Education and Health to Rules (13-Y 0-N) · upper
14. Feb 27, 2026 Reported from Rules (14-Y 0-N) · upper
15. Mar 2, 2026 Rules suspended · upper
16. Mar 2, 2026 Constitutional reading dispensed (on 2nd reading) (39-Y 0-N 0-A) · upper
17. Mar 2, 2026 Passed by for the day (Voice Vote) · upper
18. Mar 3, 2026 Read third time · upper
19. Mar 3, 2026 Passed Senate (40-Y 0-N 0-A) · upper
20. Mar 10, 2026 Enrolled · lower
21. Mar 10, 2026 Bill text as passed House and Senate (HB1040ER) · lower
22. Mar 10, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1040) · lower
23. Mar 10, 2026 Signed by Speaker · lower
24. Mar 10, 2026 Signed by President · upper
25. Mar 14, 2026 Enrolled Bill communicated to Governor on March 14, 2026 · lower
26. Mar 14, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
27. Apr 8, 2026 Approved by Governor-Chapter 444 (effective 7/1/2026) · executive
28. Apr 8, 2026 Acts of Assembly Chapter text (CHAP0444) · 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
• Introduced · PDF
• Introduced · HTML