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

---
type: "Bill"
title: "Guaranteed asset protection waivers; establishes requirements for offering waivers, etc."
description: "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"
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2019"
identifier: "HB 2109"
citation: "Virginia HB 2109 (2019)"
classification: ["bill"]
subjects: ["Insurance"]
status: "enacted"
primary_sponsors: ["Israel D. O'Quinn"]
version_count: 5
action_count: 21
vote_count: 6
first_action: "2019-01-08"
last_action: "2019-03-25"
source: "openstates"
source_identifier: "ocd-bill/f59444e7-7b1e-4518-b665-45f84a2b398b"
source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2109"
source_hash: "cef5908f04d91c8475259f55126d15bb8308c9d75bc0da1ffd5041bdbb576e40"
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 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](http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0799)
2. **House: Bill text as passed House and Senate (HB2109ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2109ER)
3. **House: Committee substitute printed 19104769D-H1** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2109H1)
4. **House: Prefiled and ordered printed; offered 01/09/19 19103693D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2109)
5. **Senate amendments engrossed** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?191+amd+HB2109ASE)

## 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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f59444e7-7b1e-4518-b665-45f84a2b398b`. Confidence: reported (aggregated from official Virginia legislature records).