# Virginia HB1309: Consumer finance companies; additional charges.

Virginia HB1309, Consumer finance companies; additional charges., is a 2026 Regular Session House bill sponsored by Jason S. Ballard (Republican); status signed, last action 2026-04-08 (Acts of Assembly Chapter text (CHAP0464)); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/VA-HB1309-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1309
- State: Virginia
- Session: 2026 Regular Session
- Title: Consumer finance companies; additional charges.
- Status: signed
- Chamber: House
- Introduced: 2026-01-16
- Last action: 2026-04-08, Acts of Assembly Chapter text (CHAP0464)
- Sponsor: Jason S. Ballard (Republican)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 7 (215 yes, 1 no in all)
- Economic provisions PRIA read: 1

## Summary

Consumer finance companies; additional charges. Provides that, for the purposes of the prohibition on additional charges by consumer finance companies, exceptions to such prohibition include (i) charges for guaranteed asset protection waivers for the protection and benefit of the borrower in connection with any loan and (ii) charges for guaranteed asset protection insurance for the protection and benefit of the borrower in connection with any loan.

## Bill overview: provisions PRIA read

- Loan borrowers face charges with limits: mixed, low. Virginia consumer finance companies may charge borrowers for guaranteed asset protection waivers authorized by Virginia law and for related insurance. These products must protect and benefit the borrower in connection with the loan; this law sets no charge amount. Companies may also charge insuranc…

## Sponsors and cosponsors

- Sponsor: Jason S. Ballard (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-05 | Senate | Passed Senate | pass | 39 | 0 |   |
| 2026-03-04 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 39 | 0 |   |
| 2026-03-04 | Senate | Passed by for the day Block Vote (Voice Vote) | pass | 0 | 0 |   |
| 2026-03-02 | Senate | Reported from Commerce and Labor | pass | 12 | 1 |   |
| 2026-02-17 | House | Read third time and passed House Block Vote | pass | 97 | 0 |   |
| 2026-02-12 | House | Reported from Labor and Commerce | pass | 20 | 0 |   |
| 2026-02-10 | House | Subcommittee recommends reporting | pass | 8 | 0 |   |

## Actions (26)

- 2026-04-08: Acts of Assembly Chapter text (CHAP0464) (Governor)
- 2026-04-08: Approved by Governor-Chapter 464 (effective 7/1/2026) (Governor)
- 2026-04-06: Fiscal Impact Statement from State Corporation Commission (HB1309) (House)
- 2026-03-14: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor)
- 2026-03-14: Enrolled Bill communicated to Governor on March 14, 2026 (House)
- 2026-03-12: Bill text as passed House and Senate (HB1309ER) (House)
- 2026-03-12: Enrolled (House)
- 2026-03-12: Signed by President (Senate)
- 2026-03-12: Signed by Speaker (House)
- 2026-03-05: Passed Senate (39-Y 0-N 0-A) (Senate)
- 2026-03-05: Read third time (Senate)
- 2026-03-04: Passed by for the day Block Vote (Voice Vote) (Senate)
- 2026-03-04: Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A) (Senate)
- 2026-03-04: Rules suspended (Senate)
- 2026-03-02: Reported from Commerce and Labor (12-Y 1-N) (Senate)
- 2026-02-18: Referred to Committee on Commerce and Labor (Senate)
- 2026-02-18: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-17: Read third time and passed House Block Vote (97-Y 0-N 0-A) (House)
- 2026-02-16: Read second time and engrossed (House)
- 2026-02-15: Read first time (House)
- 2026-02-12: Reported from Labor and Commerce (20-Y 0-N) (House)
- 2026-02-10: Subcommittee recommends reporting (8-Y 0-N) (House)
- 2026-01-27: Assigned HCL sub: Subcommittee #1 (House)
- 2026-01-25: Fiscal Impact Statement from State Corporation Commission (HB1309) (House)
- 2026-01-16: Referred to Committee on Labor and Commerce (House)
- 2026-01-16: Presented and ordered printed 26105258D (House)

## Bill text

- Chaptered, 2026-04-08: [HTML](https://lis.blob.core.windows.net/files/1217995.HTML), [PDF](https://lis.blob.core.windows.net/files/1217994.PDF)
- Enrolled, 2026-03-10: [HTML](https://lis.blob.core.windows.net/files/1202280.HTML), [PDF](https://lis.blob.core.windows.net/files/1202279.PDF)
- Introduced, 2026-01-16: [HTML](https://lis.blob.core.windows.net/files/1089350.HTML), [PDF](https://lis.blob.core.windows.net/files/1089349.PDF)

## Related bills

- HB5: Employment; paid sick leave, civil penalties. (signed)
- SB199: Employment; paid sick leave, civil penalties. (signed)
- HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with rental agreement. (signed)
- HB1393: Electric utilities; pilot program for energy assistance and weatherization for certain individuals. (signed)
- HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, termination by landlord. (signed)
- HB675: Protection of employees; coercion or threat based on immigration status, civil penalty. (signed)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1217995.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1217994.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1202280.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1202279.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1089350.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1089349.PDF)

## Related
- [HB5: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-HB5-2026)
- [SB199: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-SB199-2026)
- [HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with…](https://policyrisk.com/state-bill/VA-HB95-2026)
- [HB1393: Electric utilities; pilot program for energy assistance and weatherization for…](https://policyrisk.com/state-bill/VA-HB1393-2026)
- [HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, terminat…](https://policyrisk.com/state-bill/VA-HB834-2026)
- [HB675: Protection of employees; coercion or threat based on immigration status, civil…](https://policyrisk.com/state-bill/VA-HB675-2026)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB1309-2026 (as of 2026-10-12).