Virginia SB 565: Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.

Status: Acts of Assembly Chapter text (CHAP0508) (as of 2026-04-08)

State: Virginia · Session: 2026 · Bill: SB 565

Sponsors: Glen H. Sturtevant, Jr.

Bill Text

2026 SESSION

INTRODUCED

26103831D

SENATE BILL NO. 565

Offered January 14, 2026

Prefiled January 14, 2026

A BILL to amend Chapter 127 and Chapter 133 of the Acts of Assembly of 2025 by adding a second enactment, relating to Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts.

—————

Patron—Sturtevant

—————

Referred to Committee on General Laws and Technology

—————

Be it enacted by the General Assembly of Virginia:

1. That Chapter 127 and Chapter 133 of the Acts of Assembly of 2025 are amended by adding a second enactment as follows:

2. That the provisions of this act shall 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.

View Virginia SB 565 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.