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Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors.
Introduced
Jan 14, 2026
Last Action
Mar 10, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
House amendment agreed to by Senate (40-Y 0-N 0-A)
Passed House with amendment (97-Y 0-N 0-A)
Engrossed by House as amended
committee amendment agreed to
Read third time
Read second time
Reported from General Laws with amendment(s) (21-Y 0-N)
Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
House subcommittee offered
Assigned HGL sub: Professions/Occupations and Administrative Process
Read first time
Placed on Calendar
Referred to Committee on General Laws
Read third time and passed Senate (40-Y 0-N 0-A)
Engrossed by Senate (Voice Vote)
Read second time
Rules suspended
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 1st reading) (36-Y 0-N 0-A)
Reported from General Laws and Technology (14-Y 1-N)
Fiscal Impact Statement from Department of Planning and Budget (SB565)
Referred to Committee on General Laws and Technology
Prefiled and ordered printed; Offered 01-14-2026 26103831D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
House amendment agreed to by Senate (40-Y 0-N 0-A)