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SB 1189 Virginia Senate · 2025 Regular Session

Virginia Residential Development Infrastructure Program and Fund; established.

Summary
Virginia Residential Development Infrastructure Program and Fund. Establishes the Virginia Residential Development Infrastructure Program and Fund to provide financial assistance to localities for expanding or improving public infrastructure needed to support new residential development through the construction or installation of an eligible project, as defined by the bill. The bill provides that the Department of Housing and Community Development will administer the Program, in consultation with the Virginia Resources Authority.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates a state fund to finance public infrastructure projects, directly allocating state resources for development spending under fiscal management.95% confidence ✓ HousingSupports HousingBill creates a fund to provide financial assistance for infrastructure supporting new residential development, advancing housing supply through public infrastructure investment.85% confidence ✓ TransportationSupports TransportationBill creates fund to expand public infrastructure for residential development, directly funding transportation-related infrastructure projects like roads.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025 Last action Feb 5, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → General Laws and Technology Substitute · 6 edits
MODERATE
The bill was amended from a single section introducing a new infrastructure fund to a full chapter with multiple sections, expanding the legislative framework to include detailed definitions, fund management procedures, and administrative authority. The substitute version adds a dedicated chapter (8.2) with sections covering definitions, fund creation, and management powers, shifting administration from the Department alone to include the Virginia Resources Authority with broader oversight capabilities.
Scope change
Expanded from a single section (36-140.02) to a comprehensive chapter (8.2) containing sections 36-140.3 through 36-140.11, adding detailed definitions and administrative provisions
SCOPE

Created a new Chapter 8.2 with multiple sections instead of a single section, expanding the legislative structure

DEFINITION

Added formal definitions for Authority, Cost, Department, Fund, Local government, and Project in a dedicated definitions section

FISCAL

Changed fund administration from Department alone to include Virginia Resources Authority with consultation and management powers

REQUIREMENT

Added provisions allowing Authority to employ officers and consultants and determine their duties and compensation without other agency approval

ELIGIBILITY

Expanded grant eligibility criteria and added provisions for loans alongside grants

TECHNICAL

Added administrative provisions for fund management including reasonable fees for management services approved by Department

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
2
Jan 22, 2025
Upper · Passed
Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (15-Y 0-N)
upper
Jan 8, 2025
Committee
Referred to Committee on General Laws and Technology
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jennifer Carroll Foy
Jennifer Carroll Foy
DDemocratic
VA
33