---
type: "Bill"
title: "VA residential development infrastructure fund; feasibility of establishing, report."
description: "Department of Housing and Community Development; Virginia residential development infrastructure fund; work group; report. Directs the Department of Housing and Community Development to convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund. The bill directs the work group to submit a report of its assessment to the General Assembly no later than the first day of the 2025 Regular Session."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2024"
identifier: "SB 489"
citation: "Virginia SB 489 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Jennifer D. Carroll Foy"]
version_count: 4
action_count: 39
vote_count: 9
first_action: "2024-01-09"
last_action: "2024-04-04"
source: "openstates"
source_identifier: "ocd-bill/5ca85735-9f84-4bdd-9ecc-029de626bbb5"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB489"
source_hash: "929de0c7fe7e77871034bd9fc85908c2fbe181402961f97a3d99cbdaaf09cef8"
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 SB 489 (2024) — VA residential development infrastructure fund; feasibility of establishing, report.

Department of Housing and Community Development; Virginia residential development infrastructure fund; work group; report. Directs the Department of Housing and Community Development to convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund. The bill directs the work group to submit a report of its assessment to the General Assembly no later than the first day of the 2025 Regular Session.

## Version chain

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

1. **CHAP0509** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0509)
2. **Committee substitute printed 24107368D-S1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB489S1)
3. **Prefiled and ordered printed; offered 01/10/24 24104962D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB489)
4. **SB489ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB489ER)

## Votes

- VOTE: Passage (83-Y 15-N) — **82–15** (pass) · lower
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
- Reported from Appropriations (22-Y 0-N) — **22–0** (pass) · lower
- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
- Subcommittee recommends reporting (6-Y 0-N) — **6–0** (pass) · lower
- Reported from Finance and Appropriations with substitute (15-Y 0-N) — **15–0** (pass) · upper
- Reported from Rules with amendment (14-Y 0-N) — **14–0** (pass) · upper
- Reported from Rules (16-Y 0-N) — **16–0** (pass) · lower
- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper

## Sponsors

- Jennifer D. Carroll Foy — primary (person)

## Timeline

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

- **2024-01-09** Prefiled and ordered printed; offered 01/10/24 24104962D `filing, introduction`
- **2024-01-09** Referred to Committee on Rules `referral-committee`
- **2024-01-23** Impact statement from DPB (SB489)
- **2024-02-02** Senate committee, floor amendments and substitutes offered
- **2024-02-02** Reported from Rules with amendment (14-Y 0-N) `committee-passage`
- **2024-02-02** Rereferred to Finance and Appropriations `referral-committee`
- **2024-02-07** Reported from Finance and Appropriations with substitute (15-Y 0-N) `committee-passage`
- **2024-02-07** Committee substitute printed 24107368D-S1 `substitution`
- **2024-02-08** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Read second time `reading-2`
- **2024-02-09** Committee amendment rejected `amendment-failure`
- **2024-02-09** Reading of substitute waived
- **2024-02-09** Committee substitute agreed to 24107368D-S1 `substitution`
- **2024-02-09** Engrossed by Senate - committee substitute SB489S1 `substitution`
- **2024-02-09** Constitutional reading dispensed (40-Y 0-N)
- **2024-02-09** Passed Senate (40-Y 0-N) `passage`
- **2024-02-13** Impact statement from DPB (SB489S1)
- **2024-02-15** Placed on Calendar
- **2024-02-15** Read first time `reading-1`
- **2024-02-15** Referred to Committee on Rules `referral-committee`
- **2024-02-22** Assigned Rules sub: Studies Subcommittee `referral-committee`
- **2024-02-23** Subcommittee recommends reporting (6-Y 0-N)
- **2024-02-23** Subcommittee recommends referring to Committee on Appropriations `referral-committee`
- **2024-02-23** Reported from Rules (16-Y 0-N) `committee-passage`
- **2024-02-23** Referred to Committee on Appropriations `referral-committee`
- **2024-02-28** Reported from Appropriations (22-Y 0-N) `committee-passage`
- **2024-03-01** Read second time `reading-2`
- **2024-03-04** Read third time `reading-3`
- **2024-03-04** Passed House (83 -Y 15-N) `passage`
- **2024-03-04** VOTE: Passage (83-Y 15-N) `passage`
- **2024-03-07** Enrolled `enrolled`
- **2024-03-07** Bill text as passed Senate and House (SB489ER) `passage`
- **2024-03-07** Impact statement from DPB (SB489ER)
- **2024-03-07** Signed by Speaker `passage`
- **2024-03-08** Signed by President `passage`
- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
- **2024-04-04** Approved by Governor-Chapter 509 (effective 7/1/24) `executive-signature`
- **2024-04-04** Acts of Assembly Chapter text (CHAP0509)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5ca85735-9f84-4bdd-9ecc-029de626bbb5`. Confidence: reported (aggregated from official Virginia legislature records).