republic-os/legislation/us/states/va/2019/hb-2109.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Guaranteed asset protection waivers; establishes requirements for offering waivers, etc.	Establishes requirements for offering guaranteed asset protection (GAP) waivers, which are agreements, entered into as a part of or addendum to a motor vehicle financing agreement, under which the creditor agrees for a separate charge to waive or cancel amounts due on the finance agreement if the financed motor vehicle is totally damaged or stolen. The measure requires the creditor to insure its GAP waiver obligations; prohibits a creditor from conditioning an extension or term of credit on the purchase of a GAP waiver; requires a GAP waiver to include disclosures regarding the cancellation of the GAP waiver during a free look period; and establishes requirements and restrictions for the cancellation of GAP waivers, including refund provisions. The measure provides that GAP waivers are not insurance and are exempt from Virginia's insurance laws. This bill is identical to	us/states/va	Virginia General Assembly	2019	HB 2109	Virginia HB 2109 (2019)	bill	Insurance	enacted	Israel D. O'Quinn	5	21	6	2019-01-08	2019-03-25	openstates	ocd-bill/f59444e7-7b1e-4518-b665-45f84a2b398b	http://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2109	cef5908f04d91c8475259f55126d15bb8308c9d75bc0da1ffd5041bdbb576e40	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 2109 (2019) — Guaranteed asset protection waivers; establishes requirements for offering waivers, etc.

Establishes requirements for offering guaranteed asset protection (GAP) waivers, which are agreements, entered into as a part of or addendum to a motor vehicle financing agreement, under which the creditor agrees for a separate charge to waive or cancel amounts due on the finance agreement if the financed motor vehicle is totally damaged or stolen. The measure requires the creditor to insure its GAP waiver obligations; prohibits a creditor from conditioning an extension or term of credit on the purchase of a GAP waiver; requires a GAP waiver to include disclosures regarding the cancellation of the GAP waiver during a free look period; and establishes requirements and restrictions for the cancellation of GAP waivers, including refund provisions. The measure provides that GAP waivers are not insurance and are exempt from Virginia's insurance laws. This bill is identical to

Version chain

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

1. Governor: Acts of Assembly Chapter text (CHAP0799) (committee substitute) — source
2. House: Bill text as passed House and Senate (HB2109ER) (committee substitute) — source
3. House: Committee substitute printed 19104769D-H1 (committee substitute) — source
4. House: Prefiled and ordered printed; offered 01/09/19 19103693D (committee substitute) — source
5. Senate amendments engrossed (committee substitute) — source

Votes

• Passed Senate with amendment — 40–0 (pass) · upper
• Senate amendment agreed to by House — 98–0 (pass) · lower
• Reported from Commerce and Labor with substitute — 22–0 (pass) · lower
• Read third time and passed House BLOCK VOTE — 97–0 (pass) · lower
• Reported from Commerce and Labor with amendment — 13–0 (pass) · upper
• Constitutional reading dispensed — 39–0 (pass) · upper

Sponsors

• Israel D. O'Quinn — primary (person)
• Lamont Bagby — cosponsor (person)

Timeline

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

• 2019-01-08 Prefiled and ordered printed; offered 01/09/19 19103693D introduction
• 2019-01-08 Referred to Committee on Commerce and Labor referral-committee
• 2019-01-17 Read first time reading-1
• 2019-01-18 Read second time reading-2
• 2019-01-18 Committee substitute agreed to 19104769D-H1
• 2019-01-18 Engrossed by House - committee substitute HB2109H1
• 2019-01-21 Read third time and passed House BLOCK VOTE (97-Y 0-N) passage, reading-3
• 2019-01-22 Constitutional reading dispensed
• 2019-01-22 Referred to Committee on Commerce and Labor referral-committee
• 2019-02-14 Read third time reading-3
• 2019-02-14 Reading of amendment waived
• 2019-02-14 Committee amendment agreed to
• 2019-02-14 Engrossed by Senate as amended
• 2019-02-18 Placed on Calendar
• 2019-02-18 Senate amendment agreed to by House (98-Y 0-N)
• 2019-02-21 Enrolled
• 2019-02-21 Signed by Speaker
• 2019-02-21 Signed by President
• 2019-02-28 Enrolled Bill communicated to Governor on February 28, 2019
• 2019-02-28 Governor's Action Deadline Midnight, March 26, 2019
• 2019-03-25 Approved by Governor-Chapter 799 (effective 7/1/19) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/f59444e7-7b1e-4518-b665-45f84a2b398b. Confidence: reported (aggregated from official Virginia legislature records).