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Campaign finance; campaign contribution and expenditure limits; contingency. Establishes campaign contribution and expenditure limits for all persons and committees in the Commonwealth. The effectiveness of the provisions of the bill is contingent on certification by the Attorney General to the Code Commission that any such provision is reasonably probable to be upheld as constitutional due to (i) an opinion by the Supreme Court; (ii) The adoption of an amendment to the U.S. Constitution; or (iii) any other reason, to be specified in the certification. The bill also states that in the opinion of the General Assembly, the Supreme Court's decisions in Citizens United v. FEC, 558 US. 310 (2010), McCutcheon v FEC, 572 U.S. 185 (2014), and other related campaign finance cases were wrongly decided, that such decisions undermine the integrity of Virginia's democratic process by preventing reasonable limits on campaign contributions and expenditures, and that contribution and expenditure limits will enhance public trust in Virginia's electoral system, facilitate greater transparency, and ensure that elected officials remain accountable to all Virginians. The provisions of the bill establishing expenditure limits for candidates do not become effective unless reenacted by the 2027 Session of the General Assembly.
Introduced
Jan 14, 2026
Last Action
Mar 12, 2026
Session
VA 2026
Sponsors
1 primary · 2 co
House Conferees: Price, Convirs-Fowler, Scott of Spotsylvania
Conferees appointed by House
Fiscal Impact Statement from Department of Planning and Budget (SB688)
Senate acceded to request Block Vote (40-Y 0-N 0-A)
Senate Conferees: Mulchi, Surovell, Bennett-Parker
Conferees appointed by Senate
House requested conference committee
House insisted on substitute
House substitute rejected by Senate (0-Y 40-N 0-A)
Passed by for the day
Passed House with substitute (89-Y 10-N 0-A)
Engrossed by House - committee substitute
committee substitute agreed to
Read third time
Read second time
House committee offered
Committee substitute printed 26108899D-H1
Reported from Privileges and Elections with substitute (19-Y 2-N)
Read first time
Placed on Calendar
Referred to Committee on Privileges and Elections
Read third time and passed Senate (21-Y 19-N 0-A)
Fiscal Impact Statement from Department of Planning and Budget (SB688)
Senator Surovell Substitute agreed to (Voice Vote)
Reading of substitute waived (Voice Vote)
Floor offered Senator Surovell Substitute
Read second time
Privileges and Elections Amendment rejected
Engrossed by Senate - floor substitute (Voice Vote)
Passed by for the day
Read second time
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Rules suspended
Reported from Privileges and Elections with amendment (8-Y 7-N)
Senate committee offered
Fiscal Impact Statement from Department of Planning and Budget (SB688)
Referred to Committee on Privileges and Elections
Prefiled and ordered printed; Offered 01-14-2026 26100017D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
House Conferees: Price, Convirs-Fowler, Scott of Spotsylvania
Scott A. Surovell
Jennifer D. Carroll Foy
Saddam Azlan Salim