All Roll Calls
Yes: 254 • No: 18
Sponsored By: Kimberly Pope Adams (Democratic)
Became Law
Petersburg Parking Authority Act. Authorizes the creation of the Petersburg Parking Authority. The bill grants to the Authority various powers, including the authority to construct, operate, and lease parking facilities, contract with outside entities, issue revenue bonds and revenue refunding bonds, and acquire property. The bill also exempts the Authority from taxation.
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4 provisions identified: 2 benefits, 0 costs, 2 mixed.
The Authority, its parking facilities, and their income are exempt from Virginia taxes and assessments. Bonds issued under this law, their transfers, and the interest and any profit on sale are not taxed by the Commonwealth.
The Authority builds, leases, and runs off‑street parking in Petersburg. It sets parking rates, rentals, and fees on its own; no state or local agency reviews those prices. Rates must cover operating and maintenance costs, bond payments, and required reserves. Parking areas under this law cannot sell or dispense products or services used to service motor vehicles.
The Authority may issue revenue bonds to fund parking projects, with terms up to 40 years, sold at public or private sale, and redeemable early. These bonds are paid only from Authority revenues and are not debts of the Commonwealth or the city. The Authority can pledge revenues under a trust; money is held as trust funds, and bondholders and trustees can enforce rights in court. The Authority may refinance old bonds and combine refunding with new projects. The city may contribute or advance funds for startup or project costs.
The City may create the Petersburg Parking Authority by resolution after a public hearing with at least 10 days’ published notice. Once organized, the Authority becomes a public body of Virginia. The board has five members with initial 1–5 year staggered terms; later terms are five years. Members take an oath and serve unpaid, but the Authority can reimburse actual expenses. The city manager (or a designee) sits as a nonvoting member. The board can act by resolution, which takes effect right away and does not need to be posted or published.
Kimberly Pope Adams
Democratic • House
There are no cosponsors for this bill.
All Roll Calls
Yes: 254 • No: 18
Senate vote • 3/11/2026
Passed Senate
Yes: 39 • No: 1
Senate vote • 3/10/2026
Reconsideration of Defeated by Senate
Yes: 39 • No: 0
Senate vote • 3/9/2026
Constitutional reading dispensed Block Vote (on 2nd reading)
Yes: 40 • No: 0
Senate vote • 3/9/2026
Passed by for the day Block Vote (Voice Vote)
Yes: 0 • No: 0
Senate vote • 3/6/2026
Reported from Finance and Appropriations
Yes: 10 • No: 4
Senate vote • 2/26/2026
Reported from Transportation and rereferred to Finance and Appropriations
Yes: 9 • No: 2 • Other: 4
House vote • 2/11/2026
Read third time and passed House
Yes: 88 • No: 10
House vote • 2/5/2026
Reported from Transportation
Yes: 19 • No: 1
House vote • 2/3/2026
Subcommittee recommends reporting
Yes: 10 • No: 0
Acts of Assembly Chapter text (CHAP0857)
Approved by Governor-Chapter 857 (effective 7/1/2026)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 31, 2026
Signed by Speaker
Bill text as passed House and Senate (HB1448ER)
Enrolled
Signed by President
Passed Senate (39-Y 1-N 0-A)
Reconsideration of Defeated by Senate (39-Y 0-N 0-A)
Passed by for the day
Defeated by Senate (23-Y 17-N 0-A)
Read third time
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Rules suspended
Reported from Finance and Appropriations (10-Y 4-N)
Reported from Transportation and rereferred to Finance and Appropriations (9-Y 2-N 4-A)
Referred to Committee on Transportation
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (88-Y 10-N 0-A)
Read second time and engrossed
Read first time
Reported from Transportation (19-Y 1-N)
Subcommittee recommends reporting (10-Y 0-N)
Chaptered
4/13/2026
Enrolled
3/30/2026
Introduced
1/23/2026
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