Financial services; open-end credit plans, promotional annual percentage rates.
Summary
Financial services; open-end credit plans; promotional annual percentage rates. Requires any creditor that permits a consumer to apply more than one promotional annual percentage rate to an open-end credit contract or plan to apply any payment made by the consumer to the promotional balance, as defined in the bill, with the earliest expiration date unless otherwise expressly agreed in writing by the parties.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Feb 18, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
Jan 27, 2026
Lower · Passed
Subcommittee recommends striking from the docket (9-Y 0-N)
lower
Jan 22, 2026
Committee
Assigned HCL sub: Subcommittee #1
lower
Jan 13, 2026
Committee
Referred to Committee on Labor and Commerce
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Leftwich
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 725
Scope: VA
Hi! I can help you understand HB 725. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline