VirginiaHB15182026 Regular SessionHouse

Buyer to beware; Va. Housing Commission to review existing required disclosures, etc.

Sponsored By: Kelly K. Convirs-Fowler (Democratic)

Became Law

Summary

Virginia Housing Commission; Virginia Residential Property Disclosure Act; comprehensive review of required disclosures; report. Directs the Virginia Housing Commission to convene a stakeholder advisory group to assist the Commission in conducting a comprehensive review of (i) required disclosures for a buyer to beware, (ii) current methods for a buyer to receive a residential property disclosure statement, and (iii) the statutory language related to residential property disclosure statements and the language used in such disclosure statements. The bill further directs the Commission to develop recommendations based on such review and stakeholder input to improve efficiency, transparency, and the consumer experience while maintaining legal protections for all parties. The bill requires the Commission to submit a written report of its findings and recommendations to the Chairs of the House Committee on General Laws and the Senate Committee on General Laws and Technology no later than October 1, 2026. This bill incorporates HB 477.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Kelly K. Convirs-Fowler

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 317 • No: 3

House vote 3/10/2026

Senate substitute agreed to by House

Yes: 95 • No: 3

Senate vote 3/9/2026

Committee substitute agreed to (Voice Vote)

Yes: 0 • No: 0

Senate vote 3/9/2026

Passed Senate with substitute Block Vote

Yes: 40 • No: 0

Senate vote 3/6/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 39 • No: 0

Senate vote 3/6/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote 3/4/2026

Reported from General Laws and Technology with substitute

Yes: 15 • No: 0

House vote 2/17/2026

Read third time and passed House Block Vote

Yes: 97 • No: 0

House vote 2/12/2026

Subcommittee recommends reporting with substitute

Yes: 10 • No: 0

House vote 2/12/2026

Reported from General Laws with substitute

Yes: 21 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0871)

    4/13/2026Governor
  2. Approved by Governor-Chapter 871 (effective 7/1/2026)

    4/13/2026Governor
  3. Fiscal Impact Statement from Department of Planning and Budget (HB1518)

    4/1/2026House
  4. Governor's Action Deadline 11:59 p.m., April 13, 2026

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

    3/31/2026House
  6. Signed by Speaker

    3/31/2026House
  7. Bill text as passed House and Senate (HB1518ER)

    3/30/2026House
  8. Enrolled

    3/30/2026House
  9. Signed by President

    3/30/2026Senate
  10. Fiscal Impact Statement from Department of Planning and Budget (HB1518)

    3/11/2026House
  11. Senate substitute agreed to by House (95-Y 3-N 0-A)

    3/10/2026House
  12. Passed Senate with substitute Block Vote (40-Y 0-N 0-A)

    3/9/2026Senate
  13. Committee substitute agreed to (Voice Vote)

    3/9/2026Senate
  14. Engrossed by Senate - committee substitute

    3/9/2026Senate
  15. Read third time

    3/9/2026Senate
  16. Passed by for the day Block Vote (Voice Vote)

    3/6/2026Senate
  17. Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A)

    3/6/2026Senate
  18. Rules suspended

    3/6/2026Senate
  19. Committee substitute printed 26108565D-S1

    3/5/2026Senate
  20. Reported from General Laws and Technology with substitute (15-Y 0-N)

    3/4/2026Senate
  21. Assigned GL&T sub: Housing

    2/25/2026Senate
  22. Senate subcommittee offered

    2/25/2026Senate
  23. Referred to Committee on General Laws and Technology

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

    2/18/2026Senate
  25. Read third time and passed House Block Vote (97-Y 0-N 0-A)

    2/17/2026House

Bill Text

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