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Motor Vehicle Transaction Recovery Fund; recovery for breach of extended service contracts. Authorizes any person who is awarded a final judgment in a court of competent jurisdiction in the Commonwealth for any loss or damage resulting from a breach of an extended service contract for a motor vehicle by a licensed or registered motor vehicle dealer participating in the Motor Vehicle Transaction Recovery Fund to recover the unpaid amount on the judgement from the Motor Vehicle Transaction Recovery Fund, subject to certain limitations.
Introduced
Jan 21, 2026
Last Action
Mar 10, 2026
Session
VA 2026
Sponsors
1 primary · 1 co
Read third time
Passed Senate Block Vote (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Rules suspended
Reported from Finance and Appropriations (14-Y 0-N)
Reported from Transportation and rereferred to Finance and Appropriations (14-Y 0-N)
Referred to Committee on Transportation
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N 0-A)
Fiscal Impact Statement from Department of Planning and Budget (HB1386)
Engrossed by House as amended
committee amendment agreed to
Read second time
Read first time
Reported from Transportation with amendment(s) (21-Y 0-N)
Subcommittee recommends reporting with amendment(s) (6-Y 3-N)
House subcommittee offered
Fiscal Impact Statement from Department of Planning and Budget (HB1386)
Assigned HTRAN sub: Department of Motor Vehicles
Presented and ordered printed 26105658D
Referred to Committee on Transportation
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Passed Senate Block Vote (40-Y 0-N 0-A)
Scott A. Wyatt