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Transportation Trust Fund; investments; personal liability. Extends the limitation on personal liability for loss in investments from moneys in the Transportation Trust Fund to an individual's actions taken while serving on or employed by certain entities, even if such individual no longer serves on or is employed by any such entity. The bill also applies such limitation on personal liability for loss in investments to members and employees of the Central Virginia Transportation Authority. This bill is identical to SB 1250.
Introduced
Jan 7, 2025
Last Action
Mar 24, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Acts of Assembly Chapter text (CHAP0455)
Approved by Governor-Chapter 455 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill communicated to Governor on March 11, 2025
Signed by President
Bill text as passed House and Senate (HB2234ER)
Signed by Speaker
Fiscal Impact Statement from Department of Planning and Budget (HB2234)
Enrolled
Passed Senate (40-Y 0-N)
Read third time
Rules suspended
Constitutional reading dispensed (on 2nd reading)
Passed by for the day
Reported from Transportation (13-Y 0-N)
Referred to Committee on Transportation
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N)
Passed House (99-Y 0-N)
Reconsideration of passage agreed to by House
Read second time and engrossed
Read first time
Reported from Transportation (22-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Assigned Trans sub: Transportation Infrastructure and Funding
Fiscal Impact Statement from Department of Planning and Budget (HB2234)
Prefiled and ordered printed; Offered 01-08-2025 25101713D
Referred to Committee on Transportation
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0455)