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---
type: "Bill"
title: "Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts."
description: "Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2026"
identifier: "SB 565"
citation: "Virginia SB 565 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Glen H. Sturtevant, Jr."]
version_count: 6
action_count: 32
vote_count: 8
first_action: "2026-01-14"
last_action: "2026-04-08"
source: "openstates"
source_identifier: "ocd-bill/67b5c0d7-9b29-45e3-8fa9-383521df2865"
source_url: "https://lis.virginia.gov/bill-details/20261/SB565"
source_hash: "350cad23ed765e2f20fb764690e73ac21a55b4884dfdee1318272c226dbc5d68"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia SB 565 (2026) — Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.
Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1090866.PDF)
2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1218226.PDF)
3. **General Laws Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1191537.HTML)
4. **House Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1198350.HTML)
5. **Professions/Occupations and Administrative Process Subcommittee Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1185664.HTML)
6. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1209953.PDF)
## Votes
- Constitutional reading dispensed R — **360** (pass) · upper
- Concur House Amendment R — **400** (pass) · upper
- H VOTE: — **970** (pass) · lower
- Reported from General Laws and Technology — **141** (pass) · upper
- Subcommittee recommends reporting with amendment(s) — **80** (pass) · lower
- Reported from General Laws with amendment(s) — **210** (pass) · lower
- Passage R — **400** (pass) · upper
- Constitutional reading dispensed R — **350** (pass) · upper
## Sponsors
- Glen H. Sturtevant, Jr. — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-01-14** Prefiled and ordered printed; Offered 01-14-2026 26103831D `filing, introduction`
- **2026-01-14** Referred to Committee on General Laws and Technology `referral-committee`
- **2026-02-03** Fiscal Impact Statement from Department of Planning and Budget (SB565)
- **2026-02-11** Reported from General Laws and Technology (14-Y 1-N) `committee-passage`
- **2026-02-13** Rules suspended
- **2026-02-13** Constitutional reading dispensed Block Vote (on 1st reading) (36-Y 0-N 0-A)
- **2026-02-13** Passed by for the day Block Vote (Voice Vote)
- **2026-02-16** Read second time `reading-2`
- **2026-02-16** Engrossed by Senate (Voice Vote)
- **2026-02-17** Read third time and passed Senate (40-Y 0-N 0-A) `passage, reading-3`
- **2026-02-24** Placed on Calendar
- **2026-02-24** Read first time `reading-1`
- **2026-02-24** Referred to Committee on General Laws `referral-committee`
- **2026-02-25** Assigned HGL sub: Professions/Occupations and Administrative Process `referral-committee`
- **2026-02-26** House subcommittee offered
- **2026-02-26** Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
- **2026-03-03** Reported from General Laws with amendment(s) (21-Y 0-N) `committee-passage`
- **2026-03-05** Read second time `reading-2`
- **2026-03-06** Read third time `reading-3`
- **2026-03-06** committee amendment agreed to `amendment-passage`
- **2026-03-06** Engrossed by House as amended
- **2026-03-06** Passed House with amendment (97-Y 0-N 0-A) `passage`
- **2026-03-10** House amendment agreed to by Senate (40-Y 0-N 0-A) `amendment-passage`
- **2026-03-30** Enrolled `enrolled`
- **2026-03-30** Bill text as passed Senate and House (SB565ER) `passage`
- **2026-03-30** Signed by President `passage`
- **2026-03-31** Signed by Speaker `passage`
- **2026-03-31** Enrolled Bill communicated to Governor on March 31, 2026 `enrolled, executive-receipt`
- **2026-03-31** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
- **2026-04-02** Fiscal Impact Statement from Department of Planning and Budget (SB565)
- **2026-04-08** Approved by Governor-Chapter 508 (effective 7/1/2026) `executive-signature`
- **2026-04-08** Acts of Assembly Chapter text (CHAP0508)
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/67b5c0d7-9b29-45e3-8fa9-383521df2865`. Confidence: reported (aggregated from official Virginia legislature records).