Fabio
94 lines
5.1 KiB
Markdown
94 lines
5.1 KiB
Markdown
---
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type: "Bill"
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title: "Contracts; retainage bonds permitted in construction contracts, effective clause."
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description: "Contracts; retainage bonds permitted in construction contracts. Allows, in any construction contract between an owner and a general contractor or between a general contractor and a subcontractor, such contractor or subcontractor to tender a retainage bond, defined in the bill, as a substitute for retainage withheld as security in such contracts. The provisions of the bill do not become effective unless reenacted by the 2027 Session of the General Assembly."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2026"
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identifier: "SB 165"
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citation: "Virginia SB 165 (2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Jeremy S. McPike"]
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version_count: 5
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action_count: 28
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vote_count: 6
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first_action: "2026-01-07"
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last_action: "2026-04-08"
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source: "openstates"
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source_identifier: "ocd-bill/3ab32a4e-b144-4f9c-894c-2ccbae2c826e"
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source_url: "https://lis.virginia.gov/bill-details/20261/SB165"
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source_hash: "6b6a0b6357196456cac96633b5972fae7215a85a0d96e60c2e0192e275342e77"
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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 165 (2026) — Contracts; retainage bonds permitted in construction contracts, effective clause.
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Contracts; retainage bonds permitted in construction contracts. Allows, in any construction contract between an owner and a general contractor or between a general contractor and a subcontractor, such contractor or subcontractor to tender a retainage bond, defined in the bill, as a substitute for retainage withheld as security in such contracts. The provisions of the bill do not become effective unless reenacted by the 2027 Session of the General Assembly.
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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. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1083616.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1218206.PDF)
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3. **Engrossed** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1105605.PDF)
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4. **General Laws and Technology Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1102046.HTML)
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5. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1194858.PDF)
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## Votes
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- Constitutional reading dispensed R — **38–0** (pass) · upper
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- Reported from General Laws — **21–0** (pass) · lower
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- Subcommittee recommends reporting — **10–0** (pass) · lower
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- Reported from General Laws and Technology with amendment — **15–0** (pass) · upper
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- Passage R — **39–0** (pass) · upper
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- H VOTE: — **97–0** (pass) · lower
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## Sponsors
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- Jeremy S. McPike — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-01-07** Prefiled and ordered printed; Offered 01-14-2026 26101912D `filing, introduction`
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- **2026-01-07** Referred to Committee on General Laws and Technology `referral-committee`
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- **2026-01-07** Introduced bill reprinted 26101912D
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- **2026-01-28** Reported from General Laws and Technology with amendment (15-Y 0-N) `committee-passage`
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- **2026-01-30** Rules suspended
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- **2026-01-30** Constitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N 0-A)
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- **2026-01-30** Passed by for the day Block Vote (Voice Vote)
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- **2026-02-02** Read second time `reading-2`
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- **2026-02-02** General Laws and Technology Amendment agreed to `amendment-passage`
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- **2026-02-02** Engrossed by Senate as amended Block Vote (Voice Vote)
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- **2026-02-03** Read third time and passed Senate (39-Y 0-N 0-A) `passage, reading-3`
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- **2026-02-06** Placed on Calendar
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- **2026-02-06** Read first time `reading-1`
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- **2026-02-06** Referred to Committee on General Laws `referral-committee`
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- **2026-02-23** Assigned HGL sub: Procurement/Open Government `referral-committee`
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- **2026-02-24** Subcommittee recommends reporting (10-Y 0-N)
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- **2026-02-26** Reported from General Laws (21-Y 0-N) `committee-passage`
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- **2026-03-02** Read second time `reading-2`
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- **2026-03-03** Read third time `reading-3`
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- **2026-03-03** Passed House (97-Y 0-N 0-A) `passage`
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- **2026-03-09** Enrolled `enrolled`
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- **2026-03-09** Bill text as passed Senate and House (SB165ER) `passage`
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- **2026-03-09** Signed by Speaker `passage`
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- **2026-03-09** Signed by President `passage`
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- **2026-03-10** Enrolled Bill communicated to Governor on March 10, 2026 `enrolled, executive-receipt`
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- **2026-03-10** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
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- **2026-04-08** Approved by Governor-Chapter485 (Effective -see bill) `executive-signature`
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- **2026-04-08** Acts of Assembly Chapter text (CHAP0485)
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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/3ab32a4e-b144-4f9c-894c-2ccbae2c826e`. Confidence: reported (aggregated from official Virginia legislature records).
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