Fabio
92 lines
5.3 KiB
Markdown
92 lines
5.3 KiB
Markdown
---
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type: "Bill"
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title: "Higher educational institutions, public; contracting firms, president of the institution."
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description: "Public institutions of higher education; contractingfirms; president of the institution; delegation. Allows a presidentof a public institution of higher education to delegate to an officeror administrator of the institution his obligation to determine andmake a written finding as a matter of public record that a contractis in the best interests of the institution when an officer or employeewhose personal interest in a contract with the institution is byreason of an ownership in the contracting firm in excess of threepercent of the contracting firm's equity or such ownership interestand income from the contracting firm is in excess of $5,000 per year."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2020"
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identifier: "SB 448"
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citation: "Virginia SB 448 (2020)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["John S. Edwards"]
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version_count: 3
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action_count: 27
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vote_count: 7
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first_action: "2020-01-07"
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last_action: "2020-04-07"
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source: "openstates"
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source_identifier: "ocd-bill/df8fad17-83b9-49de-8692-2c4cbbccd368"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB448"
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source_hash: "e1b8c5615790f296cd40cfa7bc32551c28f136f41b66be53d8c89e313ac2a590"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia SB 448 (2020) — Higher educational institutions, public; contracting firms, president of the institution.
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Public institutions of higher education; contractingfirms; president of the institution; delegation. Allows a presidentof a public institution of higher education to delegate to an officeror administrator of the institution his obligation to determine andmake a written finding as a matter of public record that a contractis in the best interests of the institution when an officer or employeewhose personal interest in a contract with the institution is byreason of an ownership in the contracting firm in excess of threepercent of the contracting firm's equity or such ownership interestand income from the contracting firm is in excess of $5,000 per year.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Acts of Assembly Chapter text (CHAP0777)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0777)
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2. **Bill text as passed Senate and House (SB448ER)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB448ER)
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3. **Impact statement from DPB (SB448)** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB448)
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## Votes
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- Passed Senate (39-Y 0-N) — **39–0** (pass) · upper
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- Constitutional reading dispensed (37-Y 0-N) — **37–0** (pass) · upper
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- Subcommittee recommends reporting (7-Y 0-N) — **7–0** (pass) · lower
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- VOTE: Block Vote Passage (100-Y 0-N) — **99–0** (pass) · lower
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- Reported from Education (20-Y 0-N) — **20–0** (pass) · lower
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- Constitutional reading dispensed (39-Y 0-N) — **39–0** (pass) · upper
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- Reported from Education and Health (14-Y 0-N) — **14–0** (pass) · upper
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## Sponsors
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- John S. Edwards — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-01-07** Prefiled and ordered printed; offered 01/08/20 20101813D `introduction`
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- **2020-01-07** Referred to Committee on Education and Health `referral-committee`
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- **2020-01-15** Impact statement from DPB (SB448)
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- **2020-01-29** Assigned Education sub: Higher Education `referral-committee`
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- **2020-02-06** Reported from Education and Health (14-Y 0-N) `committee-passage`
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- **2020-02-07** Constitutional reading dispensed (37-Y 0-N)
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- **2020-02-10** Read second time and engrossed `reading-2`
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- **2020-02-10** Constitutional reading dispensed (39-Y 0-N)
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- **2020-02-10** Passed Senate (39-Y 0-N) `passage`
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- **2020-02-18** Placed on Calendar
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- **2020-02-18** Read first time `reading-1`
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- **2020-02-18** Referred to Committee on Education `referral-committee`
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- **2020-02-18** Assigned Education sub: Post-Secondary and Higher Ed `referral-committee`
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- **2020-02-19** Subcommittee recommends reporting (7-Y 0-N)
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- **2020-02-19** Reported from Education (20-Y 0-N) `committee-passage`
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- **2020-02-21** Read second time `reading-2`
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- **2020-02-24** Passed by for the day
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- **2020-02-25** Read third time `reading-3`
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- **2020-02-25** Passed House BLOCK VOTE (100-Y 0-N) `passage`
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- **2020-02-25** VOTE: Block Vote Passage (100-Y 0-N)
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- **2020-03-02** Enrolled
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- **2020-03-02** Signed by Speaker
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- **2020-03-03** Impact statement from DPB (SB448ER)
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- **2020-03-03** Signed by President
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- **2020-03-12** Enrolled Bill Communicated to Governor on March 12, 2020
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- **2020-03-12** Governor's Action Deadline 11:59 p.m., April 11, 2020
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- **2020-04-07** Approved by Governor-Chapter 777 (effective 7/1/20) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/df8fad17-83b9-49de-8692-2c4cbbccd368`. Confidence: reported (aggregated from official Virginia legislature records).
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