# Virginia HB2243: Uniform Trust Code; expands certain specific powers of trustee.

Virginia HB2243, Uniform Trust Code; expands certain specific powers of trustee., is a 2025 Regular Session House bill sponsored by Rae Cousins (Democratic); status to governor, last action 2025-03-19 (Acts of Assembly Chapter text (CHAP0165)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2243-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2243
- State: Virginia
- Session: 2025 Regular Session
- Title: Uniform Trust Code; expands certain specific powers of trustee.
- Status: to governor
- Chamber: House
- Introduced: 2025-01-07
- Last action: 2025-03-19, Acts of Assembly Chapter text (CHAP0165)
- Sponsor: Rae Cousins (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 6 (216 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Uniform Trust Code; specific powers of trustee. Expands certain specific powers conferred to a trustee, including the power to guarantee loans, the power to pledge trust property to guarantee loans, the exercise of certain powers with respect to an interest in real property, and the exercise of certain powers relating to stocks and other securities.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Rae Cousins (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-17 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2025-02-14 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 36 | 0 |   |
| 2025-02-12 | Senate | Reported from Courts of Justice | pass | 15 | 0 |   |
| 2025-01-30 | House | Read third time and passed House Block Vote | pass | 96 | 0 |   |
| 2025-01-24 | House | Reported from Courts of Justice | pass | 22 | 0 |   |
| 2025-01-22 | House | Subcommittee recommends reporting | pass | 8 | 0 | 1 |

## Actions (25)

- 2025-03-19: Acts of Assembly Chapter text (CHAP0165) (Governor)
- 2025-03-19: Approved by Governor-Chapter 165 (Effective 07/01/25) (Governor)
- 2025-03-03: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-03-03: Enrolled Bill communicated to Governor on March 3, 2025 (House)
- 2025-02-22: Signed by President (Senate)
- 2025-02-19: Bill text as passed House and Senate (HB2243ER) (House)
- 2025-02-19: Enrolled (House)
- 2025-02-19: Signed by Speaker (House)
- 2025-02-17: Passed Senate Block Vote (39-Y 0-N) (Senate)
- 2025-02-17: Read third time (Senate)
- 2025-02-14: Passed by for the day (Senate)
- 2025-02-14: Constitutional reading dispensed Block Vote (on 2nd reading) (36-Y 0-N) (Senate)
- 2025-02-14: Rules suspended (Senate)
- 2025-02-12: Reported from Courts of Justice (15-Y 0-N) (Senate)
- 2025-01-31: Referred to Committee for Courts of Justice (Senate)
- 2025-01-31: Constitutional reading dispensed (on 1st reading) (Senate)
- 2025-01-30: Read third time and passed House Block Vote (96-Y 0-N) (House)
- 2025-01-29: Read second time and engrossed (House)
- 2025-01-28: Read first time (House)
- 2025-01-24: Reported from Courts of Justice (22-Y 0-N) (House)
- 2025-01-22: Subcommittee recommends reporting (8-Y 0-N) (House)
- 2025-01-21: Assigned Courts sub: Civil (House)
- 2025-01-19: Fiscal Impact Statement from State Corporation Commission (HB2243) (House)
- 2025-01-07: Referred to Committee for Courts of Justice (House)
- 2025-01-07: Prefiled and ordered printed; Offered 01-08-2025 25102762D (House)

## Bill text

- Chaptered, 2025-03-19: [HTML](https://lis.blob.core.windows.net/files/1071687.HTML), [PDF](https://lis.blob.core.windows.net/files/1071686.PDF)
- Enrolled, 2025-02-19: [HTML](https://lis.blob.core.windows.net/files/1057148.HTML), [PDF](https://lis.blob.core.windows.net/files/1057147.PDF)
- Introduced, 2025-01-07: [HTML](https://lis.blob.core.windows.net/files/1015682.HTML), [PDF](https://lis.blob.core.windows.net/files/1015681.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/1071687.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1071686.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1057148.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1057147.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1015682.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1015681.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-HB2243-2025 (as of 2026-10-17).