# Virginia HB1448: Petersburg Parking Authority; created. Virginia HB1448, Petersburg Parking Authority; created., is a 2026 Regular Session House bill sponsored by Kimberly Pope Adams (Democratic); status signed, last action 2026-04-13 (Acts of Assembly Chapter text (CHAP0857)); PRIA reads it as touching household money (as of 2026-10-12). - Canonical: https://policyrisk.com/state-bill/VA-HB1448-2026 - As of: 2026-10-12 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Virginia HB1448 - State: Virginia - Session: 2026 Regular Session - Title: Petersburg Parking Authority; created. - Status: signed - Chamber: House - Introduced: 2026-01-23 - Last action: 2026-04-13, Acts of Assembly Chapter text (CHAP0857) - Sponsor: Kimberly Pope Adams (Democratic) - Cosponsors: 0 - Touches household money: yes - Roll calls: 9 (254 yes, 18 no in all) - Economic provisions PRIA read: 4 ## Summary 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. ## Bill overview: provisions PRIA read - State tax break for parking bonds: benefit, high. 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. - Parking bonds and investor protections: benefit, low. 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; mone… - Authority sets parking prices in Petersburg: mixed, medium. 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 se… - City can form Petersburg Parking Authority: mixed, low. 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 t… ## Sponsors and cosponsors - Sponsor: Kimberly Pope Adams (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-11 | Senate | Passed Senate | pass | 39 | 1 | | | 2026-03-10 | Senate | Reconsideration of Defeated by Senate | pass | 39 | 0 | | | 2026-03-09 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 40 | 0 | | | 2026-03-09 | Senate | Passed by for the day Block Vote (Voice Vote) | pass | 0 | 0 | | | 2026-03-06 | Senate | Reported from Finance and Appropriations | pass | 10 | 4 | | | 2026-02-26 | Senate | Reported from Transportation and rereferred to Finance and Appropriations | pass | 9 | 2 | 4 | | 2026-02-11 | House | Read third time and passed House | pass | 88 | 10 | | | 2026-02-05 | House | Reported from Transportation | pass | 19 | 1 | | | 2026-02-03 | House | Subcommittee recommends reporting | pass | 10 | 0 | | ## Actions (28) - 2026-04-13: Acts of Assembly Chapter text (CHAP0857) (Governor) - 2026-04-13: Approved by Governor-Chapter 857 (effective 7/1/2026) (Governor) - 2026-03-31: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor) - 2026-03-31: Enrolled Bill communicated to Governor on March 31, 2026 (House) - 2026-03-31: Signed by Speaker (House) - 2026-03-30: Bill text as passed House and Senate (HB1448ER) (House) - 2026-03-30: Enrolled (House) - 2026-03-30: Signed by President (Senate) - 2026-03-11: Passed Senate (39-Y 1-N 0-A) (Senate) - 2026-03-10: Reconsideration of Defeated by Senate (39-Y 0-N 0-A) (Senate) - 2026-03-10: Passed by for the day (Senate) - 2026-03-10: Defeated by Senate (23-Y 17-N 0-A) (Senate) - 2026-03-10: Read third time (Senate) - 2026-03-09: Passed by for the day Block Vote (Voice Vote) (Senate) - 2026-03-09: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) (Senate) - 2026-03-09: Rules suspended (Senate) - 2026-03-06: Reported from Finance and Appropriations (10-Y 4-N) (Senate) - 2026-02-26: Reported from Transportation and rereferred to Finance and Appropriations (9-Y 2-N 4-A) (Senate) - 2026-02-12: Referred to Committee on Transportation (Senate) - 2026-02-12: Constitutional reading dispensed (on 1st reading) (Senate) - 2026-02-11: Read third time and passed House (88-Y 10-N 0-A) (House) - 2026-02-10: Read second time and engrossed (House) - 2026-02-09: Read first time (House) - 2026-02-05: Reported from Transportation (19-Y 1-N) (House) - 2026-02-03: Subcommittee recommends reporting (10-Y 0-N) (House) - 2026-01-29: Assigned HTRAN sub: Transportation Infrastructure and Funding (House) - 2026-01-23: Referred to Committee on Transportation (House) - 2026-01-23: Presented and ordered printed 26104854D (House) ## Bill text - Chaptered, 2026-04-13: [HTML](https://lis.blob.core.windows.net/files/1222972.HTML), [PDF](https://lis.blob.core.windows.net/files/1222971.PDF) - Enrolled, 2026-03-30: [HTML](https://lis.blob.core.windows.net/files/1212544.HTML), [PDF](https://lis.blob.core.windows.net/files/1212543.PDF) - Introduced, 2026-01-23: [HTML](https://lis.blob.core.windows.net/files/1094887.HTML), [PDF](https://lis.blob.core.windows.net/files/1094886.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/1222972.HTML) - [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1222971.PDF) - [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1212544.HTML) - [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1212543.PDF) - [Introduced (HTML)](https://lis.blob.core.windows.net/files/1094887.HTML) - [Introduced (PDF)](https://lis.blob.core.windows.net/files/1094886.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-HB1448-2026 (as of 2026-10-12).