---
type: "Bill"
title: "Community revitalization fund; expanding use for all localities."
description: "Community revitalization fund; expanding use for all localities. Expands the current provisions of law allowing for the establishment of a community revitalization fund for the purpose of preventing neighborhood deterioration to apply to all localities. Currently, only the City of Richmond is authorized to establish such a fund. This bill is identical to HB 478 and is a recommendation of the Virginia Housing Commission."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2024"
identifier: "SB 49"
citation: "Virginia SB 49 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Mamie E. Locke"]
version_count: 3
action_count: 22
vote_count: 5
first_action: "2023-12-21"
last_action: "2024-04-08"
source: "openstates"
source_identifier: "ocd-bill/22f936f1-1379-4d25-afd6-ae50086bff60"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB49"
source_hash: "2503d2e1814af541197733c02641613be984ce8453586161d2964228effda18c"
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 49 (2024) — Community revitalization fund; expanding use for all localities.

Community revitalization fund; expanding use for all localities. Expands the current provisions of law allowing for the establishment of a community revitalization fund for the purpose of preventing neighborhood deterioration to apply to all localities. Currently, only the City of Richmond is authorized to establish such a fund. This bill is identical to HB 478 and is a recommendation of the Virginia Housing Commission.

## Version chain

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

1. **CHAP0701** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0701)
2. **Prefiled and ordered printed; offered 01/10/24 24100699D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB49)
3. **SB49ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB49ER)

## Votes

- Constitutional reading dispensed (38-Y 0-N) — **38–0** (pass) · upper
- Reported from Counties, Cities and Towns (21-Y 1-N) — **21–1** (pass) · lower
- Reported from Local Government (12-Y 0-N) — **12–0** (pass) · upper
- Read third time and passed Senate (40-Y 0-N) — **40–0** (pass) · upper
- VOTE: Passage (88-Y 12-N) — **87–12** (pass) · lower

## Sponsors

- Mamie E. Locke — primary (person)

## Timeline

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

- **2023-12-21** Prefiled and ordered printed; offered 01/10/24 24100699D `filing, introduction`
- **2023-12-21** Referred to Committee on Local Government `referral-committee`
- **2024-01-15** Reported from Local Government (12-Y 0-N) `committee-passage`
- **2024-01-16** Constitutional reading dispensed (38-Y 0-N)
- **2024-01-17** Read second time and engrossed `reading-2`
- **2024-01-18** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
- **2024-02-13** Placed on Calendar
- **2024-02-13** Read first time `reading-1`
- **2024-02-13** Referred to Committee on Counties, Cities and Towns `referral-committee`
- **2024-02-16** Reported from Counties, Cities and Towns (21-Y 1-N) `committee-passage`
- **2024-02-20** Read second time `reading-2`
- **2024-02-21** Read third time `reading-3`
- **2024-02-21** Passed House (88-Y 12-N) `passage`
- **2024-02-21** VOTE: Passage (88-Y 12-N) `passage`
- **2024-02-26** Enrolled `enrolled`
- **2024-02-26** Bill text as passed Senate and House (SB49ER) `passage`
- **2024-02-26** Signed by Speaker `passage`
- **2024-02-28** 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`
- **2024-04-08** Approved by Governor-Chapter 701 (effective 7/1/24) `executive-signature`
- **2024-04-08** Acts of Assembly Chapter text (CHAP0701)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/22f936f1-1379-4d25-afd6-ae50086bff60`. Confidence: reported (aggregated from official Virginia legislature records).