# Virginia HB1707: Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts.

Virginia HB1707, Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts., is a 2025 Regular Session House bill sponsored by David L. Bulova (Democratic); status to governor, last action 2025-03-19 (Acts of Assembly Chapter text (CHAP0127)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB1707-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1707
- State: Virginia
- Session: 2025 Regular Session
- Title: Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts.
- Status: to governor
- Chamber: House
- Introduced: 2025-01-04
- Last action: 2025-03-19, Acts of Assembly Chapter text (CHAP0127)
- Sponsor: David L. Bulova (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 6 (215 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Increases from $20,000 to $30,000 per claim the individual limit of claims against the Virginia Contractor Transaction Recovery Fund based upon an unpaid judgment arising out of the improper or dishonest conduct of a licensed contractor in connection with a single transaction involving contracting and increases from $40,000 to $100,000 during any biennium the aggregate claim limit against a single licensed contractor. The bill also raises the thresholds for the value of single contracts or projects and the total value of all construction, removal, repair, or improvements undertaken by a contractor in a 12-month period that govern each class of contractor's licenses. This bill is identical to SB 1059.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: David L. Bulova (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-10 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2025-02-07 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 38 | 0 |   |
| 2025-02-05 | Senate | Reported from General Laws and Technology | pass | 12 | 0 |   |
| 2025-01-27 | House | Read third time and passed House Block Vote | pass | 97 | 0 |   |
| 2025-01-21 | House | Reported from General Laws | pass | 21 | 0 |   |
| 2025-01-16 | House | Subcommittee recommends reporting | pass | 8 | 0 | 1 |

## Actions (26)

- 2025-03-19: Acts of Assembly Chapter text (CHAP0127) (Governor)
- 2025-03-19: Approved by Governor-Chapter 127 (Effective 07/01/25) (Governor)
- 2025-02-18: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-02-18: Enrolled Bill communicated to Governor on February 18, 2025 (House)
- 2025-02-15: Signed by President (Senate)
- 2025-02-12: Fiscal Impact Statement from Department of Planning and Budget (HB1707) (House)
- 2025-02-12: Bill text as passed House and Senate (HB1707ER) (House)
- 2025-02-12: Enrolled (House)
- 2025-02-12: Signed by Speaker (House)
- 2025-02-10: Passed Senate Block Vote (39-Y 0-N) (Senate)
- 2025-02-10: Read third time (Senate)
- 2025-02-07: Constitutional reading dispensed Block Vote (on 2nd reading) (38-Y 0-N) (Senate)
- 2025-02-07: Passed by for the day (Senate)
- 2025-02-07: Rules suspended (Senate)
- 2025-02-05: Reported from General Laws and Technology (12-Y 0-N) (Senate)
- 2025-01-28: Fiscal Impact Statement from Department of Planning and Budget (HB1707) (House)
- 2025-01-28: Referred to Committee on General Laws and Technology (Senate)
- 2025-01-28: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-01-27: Read third time and passed House Block Vote (97-Y 0-N) (House)
- 2025-01-24: Read second time and engrossed (House)
- 2025-01-23: Read first time (House)
- 2025-01-21: Reported from General Laws (21-Y 0-N) (House)
- 2025-01-16: Subcommittee recommends reporting (8-Y 0-N) (House)
- 2025-01-13: Assigned GL sub: Professions/Occupations and Administrative Process (House)
- 2025-01-04: Referred to Committee on General Laws (House)
- 2025-01-04: Prefiled and ordered printed; Offered 01-08-2025 25100918D (House)

## Bill text

- Chaptered, 2025-03-19: [HTML](https://lis.blob.core.windows.net/files/1071355.HTML), [PDF](https://lis.blob.core.windows.net/files/1071354.PDF)
- Enrolled, 2025-02-12: [HTML](https://lis.blob.core.windows.net/files/1046286.HTML), [PDF](https://lis.blob.core.windows.net/files/1046285.PDF)
- Introduced, 2025-01-04: [HTML](https://lis.blob.core.windows.net/files/1012735.HTML), [PDF](https://lis.blob.core.windows.net/files/1012734.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1071355.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1071354.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1046286.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1046285.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1012735.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1012734.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
- [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-HB1707-2025 (as of 2026-10-17).