Fabio
88 lines
4.8 KiB
Markdown
88 lines
4.8 KiB
Markdown
---
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type: "Bill"
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title: "Transportation Trust Fund; extends limitation on personal liability for loss in investments."
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description: "Transportation Trust Fund; investments; personal liability. Extends the limitation on personal liability for loss in investments from moneys in the Transportation Trust Fund to an individual's actions taken while serving on or employed by certain entities, even if such individual no longer serves on or is employed by any such entity. The bill also applies such limitation on personal liability for loss in investments to members and employees of the Central Virginia Transportation Authority. This bill is identical to HB 2234."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2025"
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identifier: "SB 1250"
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citation: "Virginia SB 1250 (2025)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Lamont Bagby"]
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version_count: 3
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action_count: 25
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vote_count: 5
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first_action: "2025-01-08"
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last_action: "2025-03-24"
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source: "openstates"
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source_identifier: "ocd-bill/e0f9cd1e-35b6-4ef3-a7e4-f40f021de83d"
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source_url: "https://lis.virginia.gov/bill-details/20251/SB1250"
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source_hash: "3b749ddf14de4f7c810b25adfef8b1b4772713875be237a9e45eb6ccc3a4e00d"
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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 1250 (2025) — Transportation Trust Fund; extends limitation on personal liability for loss in investments.
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Transportation Trust Fund; investments; personal liability. Extends the limitation on personal liability for loss in investments from moneys in the Transportation Trust Fund to an individual's actions taken while serving on or employed by certain entities, even if such individual no longer serves on or is employed by any such entity. The bill also applies such limitation on personal liability for loss in investments to members and employees of the Central Virginia Transportation Authority. This bill is identical to HB 2234.
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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/1018515.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1076807.PDF)
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3. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1047313.PDF)
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## Votes
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- Reported from Transportation (14-Y 0-N) — **14–0** (pass) · upper
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- Read third time and passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- Constitutional reading dispensed (on 1st reading) (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Transportation (20-Y 0-N) — **20–0** (pass) · lower
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- Passed House (94-Y 0-N) — **94–0** (pass) · lower
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## Sponsors
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- Lamont Bagby — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-08** Prefiled and ordered printed; Offered 01-08-2025 25100598D `filing, introduction`
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- **2025-01-08** Referred to Committee on Transportation `referral-committee`
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- **2025-01-16** Reported from Transportation (14-Y 0-N) `committee-passage`
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- **2025-01-20** Rules suspended
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- **2025-01-20** Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
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- **2025-01-20** Passed by for the day
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- **2025-01-21** Read second time and engrossed `reading-2`
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- **2025-01-22** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
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- **2025-01-22** Fiscal Impact Statement from Department of Planning and Budget (SB1250)
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- **2025-02-04** Placed on Calendar
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- **2025-02-04** Read first time `reading-1`
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- **2025-02-04** Referred to Committee on Transportation `referral-committee`
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- **2025-02-06** Reported from Transportation (20-Y 0-N) `committee-passage`
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- **2025-02-10** Read second time `reading-2`
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- **2025-02-11** Read third time `reading-3`
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- **2025-02-11** Passed House (94-Y 0-N) `passage`
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- **2025-02-13** Enrolled `enrolled`
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- **2025-02-13** Bill text as passed Senate and House (SB1250ER) `passage`
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- **2025-02-13** Fiscal Impact Statement from Department of Planning and Budget (SB1250)
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- **2025-02-13** Signed by Speaker `passage`
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- **2025-02-16** Signed by President `passage`
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- **2025-02-20** Enrolled Bill Communicated to Governor on February 20, 2025 `enrolled`
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- **2025-02-20** Governor's Action Deadline 11:59 p.m., March 24, 2025 `executive-receipt`
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- **2025-03-24** Approved by Governor-Chapter 471 (Effective 07/01/25) `executive-signature`
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- **2025-03-24** Acts of Assembly Chapter text (CHAP0471)
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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/e0f9cd1e-35b6-4ef3-a7e4-f40f021de83d`. Confidence: reported (aggregated from official Virginia legislature records).
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