republic-os/legislation/us/states/va/2024/sb-458.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	Virginia Retirement System; plan credits and accounts.	Virginia Retirement System; plan credits and accounts. Allows members of the Virginia Retirement System to purchase service credit for prior full-time active duty military service of at least 180 consecutive days in any federally established branch of the armed services. Under current law, such purchases are restricted to prior full-time active duty military service of at least 180 consecutive days in the United States Army, Navy, Air Force, Marines, or Coast Guard. The bill also provides that any funds or other property held in a Virginia Retirement System defined contribution plan, deferred compensation plan, or cash match plan remaining unclaimed for more than five years shall be presumed abandoned under the Virginia Disposition of Unclaimed Property Act and may escheat to the state treasury. Under current law, the Act does not apply to any Virginia Retirement System defined benefit plan funds or other property. This bill is identical to HB 70.	us/states/va	Virginia General Assembly	2024	SB 458	Virginia SB 458 (2024)	bill		enacted	David W. Marsden	3	25	6	2024-01-09	2024-04-02	openstates	ocd-bill/aaa26aed-7573-4f4e-8b78-d1f429bb778e	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB458	2380501caa1f0075ff47f1fb2d80db4f4b2e058adf3d1bb26c54b0e80e80a2a3	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 458 (2024) — Virginia Retirement System; plan credits and accounts.

Virginia Retirement System; plan credits and accounts. Allows members of the Virginia Retirement System to purchase service credit for prior full-time active duty military service of at least 180 consecutive days in any federally established branch of the armed services. Under current law, such purchases are restricted to prior full-time active duty military service of at least 180 consecutive days in the United States Army, Navy, Air Force, Marines, or Coast Guard. The bill also provides that any funds or other property held in a Virginia Retirement System defined contribution plan, deferred compensation plan, or cash match plan remaining unclaimed for more than five years shall be presumed abandoned under the Virginia Disposition of Unclaimed Property Act and may escheat to the state treasury. Under current law, the Act does not apply to any Virginia Retirement System defined benefit plan funds or other property. This bill is identical to HB 70.

Version chain

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

1. CHAP0353 (committee substitute) — source
2. Prefiled and ordered printed; offered 01/10/24 24100812D (committee substitute) — source
3. SB458ER (committee substitute) — source

Votes

• Reported from Finance and Appropriations (15-Y 0-N) — 15–0 (pass) · upper
• VOTE: Block Vote Passage (99-Y 0-N) — 98–0 (pass) · lower
• Reported from Appropriations (22-Y 0-N) — 22–0 (pass) · lower
• Read third time and passed Senate (40-Y 0-N) — 40–0 (pass) · upper
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
• Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper

Sponsors

• David W. Marsden — primary (person)

Timeline

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

• 2024-01-09 Prefiled and ordered printed; offered 01/10/24 24100812D filing, introduction
• 2024-01-09 Referred to Committee on Finance and Appropriations referral-committee
• 2024-01-12 Impact statement from VRS (SB458)
• 2024-02-06 Reported from Finance and Appropriations (15-Y 0-N) committee-passage
• 2024-02-07 Constitutional reading dispensed (40-Y 0-N)
• 2024-02-08 Read second time and engrossed reading-2
• 2024-02-08 Constitutional reading dispensed (40-Y 0-N)
• 2024-02-08 Read third time and passed Senate (40-Y 0-N) passage, reading-3
• 2024-02-14 Placed on Calendar
• 2024-02-14 Read first time reading-1
• 2024-02-14 Referred to Committee on Appropriations referral-committee
• 2024-02-19 Reported from Appropriations (22-Y 0-N) committee-passage
• 2024-02-21 Read second time reading-2
• 2024-02-22 Read third time reading-3
• 2024-02-22 Passed House BLOCK VOTE (99-Y -0-N) passage
• 2024-02-22 VOTE: Block Vote Passage (99-Y 0-N) passage
• 2024-02-27 Enrolled enrolled
• 2024-02-27 Bill text as passed Senate and House (SB458ER) passage
• 2024-02-27 Impact statement from VRS (SB458ER)
• 2024-02-27 Signed by Speaker passage
• 2024-03-01 Signed by President passage
• 2024-03-11 Enrolled Bill Communicated to Governor on March 11, 2024 enrolled
• 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
• 2024-04-02 Approved by Governor-Chapter 353 (effective 7/1/24) executive-signature
• 2024-04-02 Acts of Assembly Chapter text (CHAP0353)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/aaa26aed-7573-4f4e-8b78-d1f429bb778e. Confidence: reported (aggregated from official Virginia legislature records).