# Virginia HB183: First-time home buyer savings plan; townhouses, principal limits.

Virginia HB183, First-time home buyer savings plan; townhouses, principal limits., is a 2027 Regular Session House bill sponsored by David A. Reid (Democratic); status passed house, last action 2026-07-21 (Continued from last session) (as of 2026-10-13).

- Canonical: https://policyrisk.com/state-bill/VA-HB183-2027
- As of: 2026-10-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB183
- State: Virginia
- Session: 2027 Regular Session
- Title: First-time home buyer savings plan; townhouses, principal limits.
- Status: passed house
- Chamber: House
- Introduced: 2026-01-07
- Last action: 2026-07-21, Continued from last session
- Sponsor: David A. Reid (Democratic)
- Cosponsors: 0
- Subjects: Finance and Appropriations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

First-time home buyer savings plan; townhouses; principal limits. Includes townhouses in the definition of single-family residence for purposes of the First-Time Home Buyer Savings Plan Act. The bill also increases (i) the aggregate amount of principal that can be contributed to a first-time home buyer savings account from $50,000 to $100,000 and (ii) the limit on the amount of principal and interest or other income on the principal that may be retained in such an account from $150,000 to $200,000. The bill defines first-time home buyer, and includes that term in the definition of qualified beneficiary.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: David A. Reid (Democratic), House

## Actions (19)

- 2026-07-21: Continued from last session (Senate)
- 2026-02-25: Continued to 2027 in Finance and Appropriations (15-Y 0-N) (Senate)
- 2026-02-17: Fiscal Impact statement From TAX (2/17/2026 6:47 pm) (House)
- 2026-02-04: Referred to Committee on Finance and Appropriations (Senate)
- 2026-02-04: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-03: Read third time and passed House (96-Y 2-N 0-A) (House)
- 2026-02-02: Engrossed by House - committee substitute (House)
- 2026-02-02: committee substitute agreed to (House)
- 2026-02-02: Read second time (House)
- 2026-01-30: Read first time (House)
- 2026-01-28: Committee substitute printed 26105761D-H1 (House)
- 2026-01-28: House committee offered (House)
- 2026-01-28: Reported from Appropriations with substitute (16-Y 5-N) (House)
- 2026-01-21: House subcommittee offered (House)
- 2026-01-21: Subcommittee recommends reporting with substitute (House)
- 2026-01-17: Fiscal Impact statement From TAX (1/17/2026 11:43 am) (House)
- 2026-01-15: Assigned HAPP sub: Commerce Agriculture & Natural Resources (House)
- 2026-01-07: Referred to Committee on Appropriations (House)
- 2026-01-07: Prefiled and ordered printed; Offered 01-14-2026 26101205D (House)

## Bill text

- Substitute, 2026-01-28: [HTML](https://lis.blob.core.windows.net/files/1229352.HTML), [HTML](https://lis.blob.core.windows.net/files/1229454.HTML), [PDF](https://lis.blob.core.windows.net/files/1229351.PDF), [PDF](https://lis.blob.core.windows.net/files/1229453.PDF)
- Introduced, 2026-01-07: [HTML](https://lis.blob.core.windows.net/files/1231260.HTML), [PDF](https://lis.blob.core.windows.net/files/1231259.PDF)

## Related bills

- SB844: Licensed clinical psychologists; prescriptive authority, report. (in committee)
- HB1535: Individuals with developmental or intellectual disabilities; admissibility of statements. (introduced)
- HB1534: School service providers; deletion of student and family personal information. (introduced)
- SB843: Data centers; state permitting, local approval, moratorium, sunset. (in committee)
- SB842: High school student athletes; eligibility, enrollment. (in committee)
- SB840: Corrections, Director of the Department of; placement of inmates, Red Onion State Prison. (in committee)

## Sources
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1229352.HTML)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1229454.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1229351.PDF)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1229453.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1231260.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1231259.PDF)

## Related
- [SB844: Licensed clinical psychologists; prescriptive authority, report.](https://policyrisk.com/state-bill/VA-SB844-2027)
- [HB1535: Individuals with developmental or intellectual disabilities; admissibility of s…](https://policyrisk.com/state-bill/VA-HB1535-2027)
- [HB1534: School service providers; deletion of student and family personal information.](https://policyrisk.com/state-bill/VA-HB1534-2027)
- [SB843: Data centers; state permitting, local approval, moratorium, sunset.](https://policyrisk.com/state-bill/VA-SB843-2027)
- [SB842: High school student athletes; eligibility, enrollment.](https://policyrisk.com/state-bill/VA-SB842-2027)
- [SB840: Corrections, Director of the Department of; placement of inmates, Red Onion Sta…](https://policyrisk.com/state-bill/VA-SB840-2027)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB183-2027 (as of 2026-10-13).