SB 565 Virginia Senate · 2026 Regular Session

Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.

Summary

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.

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House of Delegates Passage

Mar 2026

Signed into Law

Apr 2026

Introduced Jan 14, 2026 Signed Apr 8, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

Enrolled → Chaptered · 3 edits

MINOR

The bill has been formally enacted and assigned to Chapter 508 of the 2026 Virginia Acts of Assembly. The substantive legal text regarding the Virginia Contractor Transaction Recovery Fund, including claim limits and license thresholds, remains unchanged from the previous version.

Scope change

The bill's scope and applicability remain unchanged; the only change is the formal transition from 'Enrolled' status to 'Chaptered' status, which makes the law official.

TECHNICAL

Added official chapter number (Chapter 508) and the specific date of approval (April 8, 2026).

Added standard formatting headers and spacing required for the final published version of the act.

Removed the 'Enrolled' header and preliminary session markings, as the bill is now a final law.

Floor votes · Senate Feb 13, 2026 · House of Delegates Mar 6, 2026

How they voted

35–0

Passed · 4 other

Total votes 39

Feb 13, 2026

D Democratic20

19 Yea 1

95% Yea

R Republican19

16 Yea 3

84% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 8, 2026

Signed into law

Approved by Governor-Chapter 508 (effective 7/1/2026)

executive

Mar 31, 2026

Lower · Passed

Signed by Speaker

lower

Mar 30, 2026

Upper · Passed

Signed by President

upper

Mar 30, 2026

Upper · Passed

Bill text as passed Senate and House (SB565ER)

upper

Mar 10, 2026

Upper · Passed

House amendment agreed to by Senate (40-Y 0-N 0-A)

upper

Mar 6, 2026

Lower · Passed

Passed House with amendment (97-Y 0-N 0-A)

lower

Mar 6, 2026

Introduced

Engrossed by House as amended

lower

Mar 6, 2026

Lower · Passed

committee amendment agreed to

lower

Mar 3, 2026

Lower · Passed

Reported from General Laws with amendment(s) (21-Y 0-N)

lower

Feb 26, 2026

Lower · Passed

Subcommittee recommends reporting with amendment(s) (8-Y 0-N)

lower

Feb 26, 2026

Lower · Passed

House subcommittee offered

lower

Feb 25, 2026

Committee

Assigned HGL sub: Professions/Occupations and Administrative Process

lower

Feb 24, 2026

Committee

Referred to Committee on General Laws

lower

Feb 17, 2026

Upper · Passed

Read third time and passed Senate (40-Y 0-N 0-A)

upper

Feb 13, 2026

Upper · Passed

Passed by for the day Block Vote (Voice Vote)

upper

Feb 11, 2026

Upper · Passed

Reported from General Laws and Technology (14-Y 1-N)

upper

Jan 14, 2026

Committee

Referred to Committee on General Laws and Technology

upper

1 primary · 0 co-sponsors