VirginiaHB11112026 Regular SessionHouse

Civil litigation; suspension bonds and irrevocable letters of credit upon appeal.

Sponsored By: Phil M. Hernandez (Democratic)

Signed by Governor

Summary

Civil litigation; suspension bonds and irrevocable letters of credit upon appeal. Increases the cap currently in place for suspension bonds and irrevocable letters of credit for appellants during the pendency of an appeal of a civil action from $25 million to $50 million. The bill also requires, beginning April 1, 2031, and at each five-year interval ending on April 1 thereafter, this monetary cap to be adjusted to reflect the change in the Consumer Price Index for All Urban Consumers as published by the Bureau of Labor Statistics of the U.S. Department of Labor.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Higher security cap for civil court appeals

Virginia raises the security cap for pausing collection of a civil judgment during appeal from $25 million to $50 million. This combined cap covers the appealing party and all its affiliates, using suspending bonds or irrevocable letters of credit. Courts can require more security than before, protecting judgment winners but increasing costs for some appealing parties. Beginning April 1, 2031, the cap adjusts every five years using consumer price changes, rounded to the nearest $1,000. Each adjustment uses the latest five-year period ending before the preceding January 1. The Department of Planning and Budget must report updated amounts by March 1, 2031, and every five years afterward. Courts can remove the cap if the judgment winner proves assets are being depleted to evade payment or moved outside U.S. jurisdiction. Ordinary business spending does not count as asset depletion.

Sponsors & Cosponsors

Sponsor

  • Phil M. Hernandez

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 303 • No: 99

House vote • 3/12/2026

Senate amendment agreed to by House

Yes: 63 • No: 35

Senate vote • 3/11/2026

Passed Senate with amendment

Yes: 39 • No: 1

Senate vote • 3/11/2026

Senator Surovell Amendment agreed to

Yes: 0 • No: 0

Senate vote • 3/11/2026

Defeated by Senate

Yes: 17 • No: 23

Senate vote • 3/11/2026

Reconsideration of Senate passage rejected by Senate

Yes: 40 • No: 0

Senate vote • 3/10/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 3/10/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote • 3/9/2026

Reported from Courts of Justice

Yes: 9 • No: 6

House vote • 2/17/2026

Read third time and passed House

Yes: 69 • No: 28

House vote • 2/11/2026

Reported from Courts of Justice with substitute

Yes: 17 • No: 5

House vote • 2/9/2026

Subcommittee recommends reporting with substitute

Yes: 9 • No: 1

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0735)

    4/13/2026Governor
  2. Approved by Governor-Chapter 735 (effective 7/1/2026)

    4/13/2026Governor
  3. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/31/2026Governor
  4. Enrolled Bill communicated to Governor on March 31, 2026

    3/31/2026House
  5. Signed by Speaker

    3/31/2026House
  6. Bill text as passed House and Senate (HB1111ER)

    3/30/2026House
  7. Enrolled

    3/30/2026House
  8. Signed by President

    3/30/2026Senate
  9. Senate amendment agreed to by House (63-Y 35-N 0-A)

    3/12/2026House
  10. Passed Senate with amendment (39-Y 1-N 0-A)

    3/11/2026Senate
  11. Senator Surovell Amendment agreed to

    3/11/2026Senate
  12. Reconsideration of Senate passage rejected by Senate (40-Y 0-N 0-A)

    3/11/2026Senate
  13. Defeated by Senate (17-Y 23-N 0-A)

    3/11/2026Senate
  14. Reading of amendment not waived

    3/11/2026Senate
  15. Read third time

    3/11/2026Senate
  16. Engrossed by Senate as amended

    3/11/2026Senate
  17. Passed by for the day Block Vote (Voice Vote)

    3/10/2026Senate
  18. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    3/10/2026Senate
  19. Rules suspended

    3/10/2026Senate
  20. Reported from Courts of Justice (9-Y 6-N)

    3/9/2026Senate
  21. Referred to Committee for Courts of Justice

    2/18/2026Senate
  22. Constitutional reading dispensed (on 1st reading)

    2/18/2026Senate
  23. Read third time and passed House (69-Y 28-N 0-A)

    2/17/2026House
  24. Engrossed by House - committee substitute

    2/16/2026House
  25. committee substitute agreed to

    2/16/2026House

Bill Text

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