5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
93 lines
4.7 KiB
Markdown
93 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Securities Act; investment advisor advertising."
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description: "Securities Act; investment advisor advertising. Permits an investment advisor to solicit, disseminate, or otherwise use advertisements, including client testimonials and endorsements, provided such advertisements comply with the requirements for an advertisement solicited, disseminated, or used by a federally registered investment advisor under federal law."
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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: "HB 479"
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citation: "Virginia HB 479 (2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Dan I. Helmer"]
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version_count: 3
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action_count: 28
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vote_count: 7
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first_action: "2026-01-12"
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last_action: "2026-04-13"
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source: "openstates"
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source_identifier: "ocd-bill/348e8c8a-5bc1-4995-aec8-18fe0d612260"
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source_url: "https://lis.virginia.gov/bill-details/20261/HB479"
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source_hash: "e1b260261ba816f026dc0451d001c49ef691b87aac49e99bc25902ac1f733eb1"
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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 HB 479 (2026) — Securities Act; investment advisor advertising.
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Securities Act; investment advisor advertising. Permits an investment advisor to solicit, disseminate, or otherwise use advertisements, including client testimonials and endorsements, provided such advertisements comply with the requirements for an advertisement solicited, disseminated, or used by a federally registered investment advisor under federal law.
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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/1084613.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1221617.PDF)
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3. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1201118.PDF)
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## Votes
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- Reported from Commerce and Labor — **13–0** (pass) · upper
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- Passage R — **39–0** (pass) · upper
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- Constitutional reading dispensed (on 2nd reading) — **39–0** (pass) · upper
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- Reported from Labor and Commerce — **22–0** (pass) · lower
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- Subcommittee recommends reporting — **9–0** (pass) · lower
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- H VOTE: — **97–1** (pass) · lower
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- H VOTE: — **98–0** (pass) · lower
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## Sponsors
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- Dan I. Helmer — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-01-12** Prefiled and ordered printed; Offered 01-14-2026 26105198D `filing, introduction`
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- **2026-01-12** Referred to Committee on Labor and Commerce `referral-committee`
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- **2026-01-19** Assigned HCL sub: Subcommittee #1 `referral-committee`
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- **2026-01-27** Subcommittee recommends reporting (9-Y 0-N)
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- **2026-01-29** Fiscal Impact Statement from State Corporation Commission (HB479)
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- **2026-01-29** Reported from Labor and Commerce (22-Y 0-N) `committee-passage`
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- **2026-02-02** Read first time `reading-1`
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- **2026-02-03** Read second time and engrossed `reading-2`
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- **2026-02-04** Read third time and passed House (97-Y 1-N 0-A) `passage, reading-3`
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- **2026-02-04** Reconsideration of passage agreed to by House
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- **2026-02-04** Passed House (98-Y 0-N 0-A) `passage`
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- **2026-02-05** Constitutional reading dispensed (on 1st reading)
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- **2026-02-05** Referred to Committee on Commerce and Labor `referral-committee`
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- **2026-03-02** Reported from Commerce and Labor (13-Y 0-N) `committee-passage`
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- **2026-03-04** Rules suspended
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- **2026-03-04** Constitutional reading dispensed (on 2nd reading) (39-Y 0-N 0-A)
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- **2026-03-04** Passed by for the day (Voice Vote)
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- **2026-03-05** Read third time `reading-3`
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- **2026-03-05** Passed Senate (39-Y 0-N 0-A) `passage`
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- **2026-03-12** Enrolled `enrolled`
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- **2026-03-12** Bill text as passed House and Senate (HB479ER) `passage`
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- **2026-03-12** Signed by Speaker `passage`
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- **2026-03-12** Signed by President `passage`
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- **2026-03-14** Enrolled Bill communicated to Governor on March 14, 2026 `enrolled, executive-receipt`
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- **2026-03-14** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
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- **2026-04-06** Fiscal Impact Statement from State Corporation Commission (HB479)
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- **2026-04-13** Approved by Governor-Chapter 622 (effective 7/1/2026) `executive-signature`
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- **2026-04-13** Acts of Assembly Chapter text (CHAP0622)
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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/348e8c8a-5bc1-4995-aec8-18fe0d612260`. Confidence: reported (aggregated from official Virginia legislature records).
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