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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 Investment of public funds; qualified public entity allowed to invest in asset-backed securities. Investment of public funds. Allows any qualified public entity of the Commonwealth to invest in asset-backed securities that are guaranteed by the United States or any agency thereof. This bill is identical to SB 510. us/states/va Virginia General Assembly 2024 HB 356 Virginia HB 356 (2024)
bill
enacted
Hyland F. "Buddy" Fowler, Jr.
4 32 7 2024-01-05 2024-03-14 openstates ocd-bill/708142a8-9285-4a41-94f4-f72bd7b8c205 https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB356 196f26f10655d0cc2f510b8faab72d4bad9e2d16048227aeccf3411ab8229664 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia HB 356 (2024) — Investment of public funds; qualified public entity allowed to invest in asset-backed securities.

Investment of public funds. Allows any qualified public entity of the Commonwealth to invest in asset-backed securities that are guaranteed by the United States or any agency thereof. This bill is identical to SB 510.

Version chain

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

  1. CHAP0065 (committee substitute) — source
  2. Committee substitute printed 24106906D-H1 (committee substitute) — source
  3. HB356ER (committee substitute) — source
  4. Prefiled and ordered printed; offered 01/10/24 24102813D (committee substitute) — source

Votes

  • Reported from Finance and Appropriations (14-Y 0-N) — 140 (pass) · upper
  • Referred from General Laws — 00 (fail) · lower
  • Reported from Appropriations with substitute (22-Y 0-N) — 220 (pass) · lower
  • Passed Senate (39-Y 0-N) — 390 (pass) · upper
  • VOTE: Block Vote Passage (98-Y 0-N) — 970 (pass) · lower
  • Subcommittee recommends reporting with substitute (8-Y 0-N) — 80 (pass) · lower
  • Constitutional reading dispensed (40-Y 0-N) — 400 (pass) · upper

Sponsors

  • Hyland F. "Buddy" Fowler, Jr. — primary (person)
  • Ian T. Lovejoy — cosponsor (person)
  • Marty Martinez — cosponsor (person)
  • W. Chad Green — cosponsor (person)
  • Wendell S. Walker — cosponsor (person)

Timeline

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

  • 2024-01-05 Prefiled and ordered printed; offered 01/10/24 24102813D filing, introduction
  • 2024-01-05 Referred to Committee on General Laws referral-committee
  • 2024-01-11 Impact statement from DPB (HB356)
  • 2024-01-30 Referred from General Laws referral-committee
  • 2024-01-30 Referred to Committee on Appropriations referral-committee
  • 2024-01-31 Assigned App. sub: Commerce Agriculture & Natural Resources referral-committee
  • 2024-02-02 Subcommittee recommends reporting with substitute (8-Y 0-N) substitution
  • 2024-02-02 Reported from Appropriations with substitute (22-Y 0-N) committee-passage
  • 2024-02-02 House subcommittee amendments and substitutes offered
  • 2024-02-02 Committee substitute printed 24106906D-H1 substitution
  • 2024-02-05 Impact statement from DPB (HB356H1)
  • 2024-02-06 Read first time reading-1
  • 2024-02-07 Read second time reading-2
  • 2024-02-07 Committee substitute agreed to 24106906D-H1 substitution
  • 2024-02-07 Engrossed by House - committee substitute HB356H1 substitution
  • 2024-02-08 Read third time and passed House BLOCK VOTE (98-Y 0-N) passage, reading-3
  • 2024-02-08 VOTE: Block Vote Passage (98-Y 0-N) passage
  • 2024-02-09 Constitutional reading dispensed
  • 2024-02-09 Referred to Committee on Finance and Appropriations referral-committee
  • 2024-02-21 Reported from Finance and Appropriations (14-Y 0-N) committee-passage
  • 2024-02-22 Constitutional reading dispensed (40-Y 0-N)
  • 2024-02-23 Read third time reading-3
  • 2024-02-23 Passed Senate (39-Y 0-N) passage
  • 2024-02-28 Enrolled enrolled
  • 2024-02-28 Bill text as passed House and Senate (HB356ER) passage
  • 2024-02-28 Impact statement from DPB (HB356ER)
  • 2024-02-28 Signed by Speaker passage
  • 2024-03-02 Signed by President passage
  • 2024-03-11 Enrolled Bill communicated to Governor on March 11, 2024 enrolled, executive-receipt
  • 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
  • 2024-03-14 Approved by Governor-Chapter 65 (effective 7/1/24) executive-signature
  • 2024-03-14 Acts of Assembly Chapter text (CHAP0065)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/708142a8-9285-4a41-94f4-f72bd7b8c205. Confidence: reported (aggregated from official Virginia legislature records).