HB 2243 Virginia House of Delegates · 2025 Regular Session

Uniform Trust Code; expands certain specific powers of trustee.

Summary

Uniform Trust Code; specific powers of trustee. Expands certain specific powers conferred to a trustee, including the power to guarantee loans, the power to pledge trust property to guarantee loans, the exercise of certain powers with respect to an interest in real property, and the exercise of certain powers relating to stocks and other securities.

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

House of Delegates Passage

Feb 2025

Senate Passage

Feb 2025

Signed into Law

Mar 2025

Introduced Jan 7, 2025 Signed Mar 19, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Enrolled → Chaptered · 1 edit

MINOR

This bill converts HB 2243 from an enrolled legislative bill to a chaptered act, making it officially law. The substantive content of the Uniform Trust Code amendment regarding trustee powers remains unchanged, though the formatting was adjusted to match official Virginia Acts of Assembly standards with proper chapter numbering and approval dates.

TECHNICAL

Formatting and layout changes to convert the bill from enrolled status to chaptered law, including adding chapter number 165, approval date (March 19, 2025), and adjusting line breaks and spacing to match official publication standards.

Floor votes · Senate Feb 14, 2025 · House of Delegates Jan 30, 2025

How they voted

36–0

Passed · 4 other

Total votes 40

Feb 14, 2025

D Democratic21

21 Yea

100% Yea

R Republican19

15 Yea 4

78% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 19, 2025

Signed into law

Approved by Governor-Chapter 165 (Effective 07/01/25)

executive

Feb 22, 2025

Upper · Passed

Signed by President

upper

Feb 19, 2025

Lower · Passed

Signed by Speaker

lower

Feb 19, 2025

Lower · Passed

Bill text as passed House and Senate (HB2243ER)

lower

Feb 17, 2025

Upper · Passed

Passed Senate (39-Y 0-N)

upper

Feb 14, 2025

Upper · Passed

Passed by for the day

upper

Feb 12, 2025

Upper · Passed

Reported from Courts of Justice (15-Y 0-N)

upper

Jan 31, 2025

Committee

Referred to Committee for Courts of Justice

upper

Jan 30, 2025

Lower · Passed

Read third time and passed House (96-Y 0-N)

lower

Jan 24, 2025

Lower · Passed

Reported from Courts of Justice (22-Y 0-N)

lower

Jan 22, 2025

Lower · Passed

Subcommittee recommends reporting (8-Y 0-N)

lower

Jan 21, 2025

Committee

Assigned Courts sub: Civil

lower

Jan 7, 2025

Committee

Referred to Committee for Courts of Justice

lower

1 primary · 0 co-sponsors