republic-os/legislation/us/states/va/2025/sb-1472.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	Revenue Stabilization and Revenue Reserve Fund; revenue reserves.	Revenue reserves of the Revenue Stabilization Fund and the Revenue Reserve Fund. Increases the maximum combined amount in the Revenue Stabilization Fund and the Revenue Reserve Fund from 15 percent to 20 percent of the Commonwealth's average annual tax revenues, provided that such combined amount shall only exceed 15 percent if the balance of the Revenue Reserve Fund does not exceed eight percent of such revenues. The bill also removes the requirement that the Governor make increased deposits into the Revenue Stabilization Fund during periods of increased revenue collection.	us/states/va	Virginia General Assembly	2025	SB 1472	Virginia SB 1472 (2025)	bill		enacted	L. Louise Lucas	8	54	12	2025-01-17	2025-04-02	openstates	ocd-bill/bf4b5fa0-17e4-41b5-834e-56ed5b1947c7	https://lis.virginia.gov/bill-details/20251/SB1472	54dd5fdf8153d5d18642799341990e3dccf16bc837df2761b1a51af74173c850	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-va

Virginia SB 1472 (2025) — Revenue Stabilization and Revenue Reserve Fund; revenue reserves.

Revenue reserves of the Revenue Stabilization Fund and the Revenue Reserve Fund. Increases the maximum combined amount in the Revenue Stabilization Fund and the Revenue Reserve Fund from 15 percent to 20 percent of the Commonwealth's average annual tax revenues, provided that such combined amount shall only exceed 15 percent if the balance of the Revenue Reserve Fund does not exceed eight percent of such revenues. The bill also removes the requirement that the Governor make increased deposits into the Revenue Stabilization Fund during periods of increased revenue collection.

Version chain

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

1. Introduced (filed) — source
2. Appropriations Substitute (committee substitute) — source
3. Chaptered (committee substitute) — source
4. Conference Report (committee substitute) — source
5. Conference Substitute (committee substitute) — source
6. Governor's Recommendation (committee substitute) — source
7. Reenrolled (committee substitute) — source
8. Enrolled (enrolled) — source

Votes

• Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A) — 39–0 (pass) · upper
• Senate acceded to request (38-Y 0-N) — 38–0 (pass) · upper
• House substitute rejected by Senate (0-Y 39-N) — 0–39 (fail) · upper
• Reported from Finance and Appropriations (15-Y 0-N) — 15–0 (pass) · upper
• Conference report agreed to by Senate (40-Y 0-N) — 40–0 (pass) · upper
• Senate concurred in Governor's recommendation (40-Y 0-N) — 40–0 (pass) · upper
• Constitutional reading dispensed (on 3rd reading) — 40–0 (pass) · upper
• House concurred in Governor's recommendation (94-Y 2-N) — 94–2 (pass) · lower
• Passed Senate — 40–0 (pass) · upper
• Reported from Appropriations with substitute (21-Y 0-N) — 21–0 (pass) · lower
• Conference report agreed to by House (84-Y 13-N) — 84–13 (pass) · lower
• Passed House with substitute (84-Y 13-N) — 84–13 (pass) · lower

Sponsors

• L. Louise Lucas — primary (person)

Timeline

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

• 2025-01-17 Presented and ordered printed 25102888D introduction
• 2025-01-17 Referred to Committee on Finance and Appropriations referral-committee
• 2025-01-29 Reported from Finance and Appropriations (15-Y 0-N) committee-passage
• 2025-01-30 Fiscal Impact Statement from Department of Planning and Budget (SB1472)
• 2025-01-30 Rules suspended
• 2025-01-30 Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)
• 2025-01-30 Passed by for the day
• 2025-01-31 Read second time and engrossed reading-2
• 2025-01-31 Rules suspended
• 2025-01-31 Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
• 2025-01-31 Passed Senate (40-Y 0-N) passage
• 2025-02-06 Placed on Calendar
• 2025-02-06 Read first time reading-1
• 2025-02-06 Referred to Committee on Appropriations referral-committee
• 2025-02-06 Assigned Approps sub: General Government and Capital Outlay referral-committee
• 2025-02-14 Reported from Appropriations with substitute (21-Y 0-N) committee-passage
• 2025-02-14 Committee substitute printed 25107330D-H1 substitution
• 2025-02-18 Fiscal Impact Statement from Department of Planning and Budget (SB1472)
• 2025-02-18 Read second time reading-2
• 2025-02-19 Moved from Uncontested Calendar to Regular Calendar
• 2025-02-19 Read third time reading-3
• 2025-02-19 Appropriations Substitute agreed to
• 2025-02-19 Engrossed by House - committee substitute substitution
• 2025-02-19 Passed House with substitute (84-Y 13-N) passage
• 2025-02-20 House substitute rejected by Senate (0-Y 39-N)
• 2025-02-20 House insisted on substitute substitution
• 2025-02-20 House requested conference committee referral-committee
• 2025-02-20 Senate acceded to request (38-Y 0-N)
• 2025-02-20 Conferees appointed by House
• 2025-02-20 Delegates: Torian, Sickles, Austin
• 2025-02-20 Conferees appointed by Senate
• 2025-02-20 Senators: Lucas, Deeds, McDougle
• 2025-02-21 Amended by conference committee
• 2025-02-21 Conference substitute printed 25107953D-S1
• 2025-02-21 Conference report agreed to by Senate (40-Y 0-N) committee-passage-favorable
• 2025-02-22 Conference report agreed to by House (84-Y 13-N) committee-passage-favorable
• 2025-02-25 Fiscal Impact Statement from Department of Planning and Budget (SB1472)
• 2025-03-07 Enrolled enrolled
• 2025-03-07 Bill text as passed Senate and House (SB1472ER) passage
• 2025-03-07 Fiscal Impact Statement from Department of Planning and Budget (SB1472)
• 2025-03-07 Signed by Speaker passage
• 2025-03-10 Signed by President passage
• 2025-03-11 Enrolled Bill Communicated to Governor on March 11, 2025 enrolled
• 2025-03-11 Governor's Action Deadline 11:59 p.m., March 24, 2024 executive-receipt
• 2025-03-24 Governor's recommendation received by Senate executive-veto-line-item
• 2025-04-02 Senate concurred in Governor's recommendation (40-Y 0-N)
• 2025-04-02 House concurred in Governor's recommendation (94-Y 2-N)
• 2025-04-02 Governor's recommendation adopted executive-signature
• 2025-04-02 Reenrolled enrolled
• 2025-04-02 Reenrolled bill text (SB1472ER2) enrolled
• 2025-04-02 Signed by President as reenrolled enrolled, passage
• 2025-04-02 Signed by Speaker as reenrolled enrolled, passage
• 2025-04-02 Enacted, Chapter 635 (Effective 07/01/2025) became-law
• 2025-04-02 Acts of Assembly Chapter text (CHAP0635)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bf4b5fa0-17e4-41b5-834e-56ed5b1947c7. Confidence: reported (aggregated from official Virginia legislature records).