---
type: "Bill"
title: "Commonwealth of Virginia Higher Educational Institutions Bond Act of 2020; created."
description: "Bonds for institutions of higher learning; emergency. Authorizes issuance of bonds in an amount up to $279,470,000 for revenue-producing capital projects at institutions of higher learning. The bill contains an emergency clause and is identical to SB 580."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2020"
identifier: "HB 1246"
citation: "Virginia HB 1246 (2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Luke E. Torian"]
version_count: 3
action_count: 23
vote_count: 6
first_action: "2020-01-08"
last_action: "2020-03-10"
source: "openstates"
source_identifier: "ocd-bill/5f06cb18-8bf4-4e1c-8b15-614bd9bd7c85"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1246"
source_hash: "294b992fd8d4083ef436514bf3613a958d02e11b8d32c21d5662f4d395c40a95"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---

# Virginia HB 1246 (2020) — Commonwealth of Virginia Higher Educational Institutions Bond Act of 2020; created.

Bonds for institutions of higher learning; emergency. Authorizes issuance of bonds in an amount up to $279,470,000 for revenue-producing capital projects at institutions of higher learning. The bill contains an emergency clause and is identical to SB 580.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Acts of Assembly Chapter text (CHAP0253)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0253)
2. **Bill text as passed House and Senate (HB1246ER)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB1246ER)
3. **Impact statement from DPB (HB1246)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+HB1246)

## Votes

- Subcommittee recommends reporting (8-Y 0-N) — **8–0** (pass) · lower
- VOTE: (99-Y 0-N) — **98–0** (pass) · lower
- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
- Reported from Finance and Appropriations (11-Y 0-N) — **11–0** (pass) · upper
- Reported from Appropriations (22-Y 0-N) — **22–0** (pass) · lower
- Constitutional reading dispensed (39-Y 0-N) — **39–0** (pass) · upper

## Sponsors

- Luke E. Torian — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-01-08** Prefiled and ordered printed with emergency clause; offered 01/08/20 20104590D `introduction`
- **2020-01-08** Referred to Committee on Appropriations `referral-committee`
- **2020-01-14** Assigned App. sub: Capital Outlay `referral-committee`
- **2020-01-15** Impact statement from DPB (HB1246)
- **2020-01-20** Subcommittee recommends reporting (8-Y 0-N)
- **2020-01-20** Reported from Appropriations (22-Y 0-N) `committee-passage`
- **2020-01-22** Read first time `reading-1`
- **2020-01-23** Read second time and engrossed `reading-2`
- **2020-01-24** Read third time and passed House BLOCK VOTE (99-Y 0-N) `passage, reading-3`
- **2020-01-24** VOTE: (99-Y 0-N)
- **2020-01-27** Constitutional reading dispensed
- **2020-01-27** Referred to Committee on Finance and Appropriations `referral-committee`
- **2020-02-18** Reported from Finance and Appropriations (11-Y 0-N) `committee-passage`
- **2020-02-19** Constitutional reading dispensed (39-Y 0-N)
- **2020-02-20** Read third time `reading-3`
- **2020-02-20** Passed Senate (40-Y 0-N) `passage`
- **2020-02-25** Enrolled
- **2020-02-25** Impact statement from DPB (HB1246ER)
- **2020-02-25** Signed by Speaker
- **2020-02-26** Signed by President
- **2020-03-03** Enrolled Bill communicated to Governor on March 3, 2020
- **2020-03-03** Governor's Action Deadline 11:59 p.m., March 10, 2020
- **2020-03-10** Approved by Governor-Chapter 253 (effective 3/10/20) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5f06cb18-8bf4-4e1c-8b15-614bd9bd7c85`. Confidence: reported (aggregated from official Virginia legislature records).