VA SB165 | 2026 | Regular Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on April 8 2026 - 100% progression
Action: 2026-04-08 - Acts of Assembly Chapter text (CHAP0485)
Text: Latest bill text (Chaptered) [HTML]

Summary

Contracts; retainage bonds permitted in construction contracts. Allows, in any construction contract between an owner and a general contractor or between a general contractor and a subcontractor, such contractor or subcontractor to tender a retainage bond, defined in the bill, as a substitute for retainage withheld as security in such contracts. The provisions of the bill do not become effective unless reenacted by the 2027 Session of the General Assembly.

Tracking Information

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Title

Contracts; retainage bonds permitted in construction contracts, effective clause.

Sponsors


Roll Calls

2026-03-03 - House - Passed House (97-Y 0-N 0-A) (Y: 97 N: 0 NV: 0 Abs: 2) [PASS]
2026-02-26 - House - Reported from General Laws (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2026-02-24 - House - Subcommittee recommends reporting (10-Y 0-N) (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2026-02-03 - Senate - Read third time and passed Senate (39-Y 0-N 0-A) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2026-01-30 - Senate - Constitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N 0-A) (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2026-01-28 - Senate - Reported from General Laws and Technology with amendment (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2026-04-08 Acts of Assembly Chapter text (CHAP0485)
2026-04-08 Approved by Governor-Chapter485 (Effective -see bill)
2026-03-10 Governor's Action Deadline 11:59 p.m., April 13, 2026
2026-03-10SenateEnrolled Bill communicated to Governor on March 10, 2026
2026-03-09SenateSigned by President
2026-03-09HouseSigned by Speaker
2026-03-09SenateBill text as passed Senate and House (SB165ER)
2026-03-09SenateEnrolled
2026-03-03HousePassed House (97-Y 0-N 0-A)
2026-03-03HouseRead third time
2026-03-02HouseRead second time
2026-02-26HouseReported from General Laws (21-Y 0-N)
2026-02-24HouseSubcommittee recommends reporting (10-Y 0-N)
2026-02-23HouseAssigned HGL sub: Procurement/Open Government
2026-02-06HouseReferred to Committee on General Laws
2026-02-06HouseRead first time
2026-02-06HousePlaced on Calendar
2026-02-03SenateRead third time and passed Senate (39-Y 0-N 0-A)
2026-02-02SenateEngrossed by Senate as amended Block Vote (Voice Vote)
2026-02-02SenateGeneral Laws and Technology Amendment agreed to
2026-02-02SenateRead second time
2026-01-30SenatePassed by for the day Block Vote (Voice Vote)
2026-01-30SenateConstitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N 0-A)
2026-01-30SenateRules suspended
2026-01-28SenateReported from General Laws and Technology with amendment (15-Y 0-N)
2026-01-07SenateIntroduced bill reprinted 26101912D
2026-01-07SenateReferred to Committee on General Laws and Technology
2026-01-07SenatePrefiled and ordered printed; Offered 01-14-2026 26101912D

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/bill-details/20261/SB165
Texthttps://lis.virginia.gov/bill-details/20261/SB165/text/SB165
Texthttps://lis.virginia.gov/bill-details/20261/SB165/text/SB165E
Texthttps://lis.virginia.gov/bill-details/20261/SB165/text/SB165ER
Texthttps://lis.virginia.gov/bill-details/20261/SB165/text/CHAP0485
Amendmenthttps://lis.virginia.gov/bill-details/20261/SB165/text/SB165AS1
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/S12V761
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/SV158
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/SV183
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/H11004V2613617
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/H11V2613727
Roll Callhttps://lis.virginia.gov/vote-details/SB165/20261/26110684

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