republic-os/legislation/us/states/va/2020/hb-1457.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	Securities Act; exemption for certain nonissuer distributions.	Securities Act; exemption for nonissuer distributions.Exempts certain nonissuer distributions from the registration provisionsof the Securities Act.	us/states/va	Virginia General Assembly	2020	HB 1457	Virginia HB 1457 (2020)	bill		enacted	Israel D. O'Quinn	3	21	5	2020-01-08	2020-03-10	openstates	ocd-bill/e33004bd-1f74-490d-9c02-f2d70f94115c	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+HB1457	06d4d655dd0c502d775b3ff49afea5dc80196d7e8bd5f680501b3c1abb39da24	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia HB 1457 (2020) — Securities Act; exemption for certain nonissuer distributions.

Securities Act; exemption for nonissuer distributions.Exempts certain nonissuer distributions from the registration provisionsof the Securities Act.

Version chain

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

1. Acts of Assembly Chapter text (CHAP0256) (committee substitute) — source
2. Bill text as passed House and Senate (HB1457ER) (committee substitute) — source
3. Impact statement from SCC (HB1457) (committee substitute) — source

Votes

• Passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• Constitutional reading dispensed (39-Y 0-N) — 39–0 (pass) · upper
• Reported from Commerce and Labor (15-Y 0-N) — 15–0 (pass) · upper
• Reported from Labor and Commerce (17-Y 0-N) — 17–0 (pass) · lower
• VOTE: Block Vote Passage (99-Y 0-N) — 98–0 (pass) · lower

Sponsors

• Israel D. O'Quinn — primary (person)
• Jeffrey M. Bourne — cosponsor (person)
• Jerrauld C. "Jay" Jones — cosponsor (person)
• Lamont Bagby — cosponsor (person)
• Mark L. Keam — cosponsor (person)
• Michael J. Webert — cosponsor (person)
• Nick Rush — cosponsor (person)
• R. Lee Ware — cosponsor (person)
• Terry G. Kilgore — cosponsor (person)

Timeline

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

• 2020-01-08 Prefiled and ordered printed; offered 01/08/20 20100432D introduction
• 2020-01-08 Referred to Committee on Labor and Commerce referral-committee
• 2020-01-13 Impact statement from SCC (HB1457)
• 2020-01-28 Reported from Labor and Commerce (17-Y 0-N) committee-passage
• 2020-01-30 Read first time reading-1
• 2020-01-31 Read second time and engrossed reading-2
• 2020-02-03 Read third time and passed House BLOCK VOTE (99-Y 0-N) passage, reading-3
• 2020-02-03 VOTE: Block Vote Passage (99-Y 0-N)
• 2020-02-04 Constitutional reading dispensed
• 2020-02-04 Referred to Committee on Commerce and Labor referral-committee
• 2020-02-17 Reported from Commerce and Labor (15-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 SCC (HB1457ER)
• 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 256 (effective 7/1/20) executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e33004bd-1f74-490d-9c02-f2d70f94115c. Confidence: reported (aggregated from official Virginia legislature records).