# Virginia HB2529: Higher educational institutions, public; endowments; certain divestment practices prohibited.

Virginia HB2529, Higher educational institutions, public; endowments; certain divestment practices prohibited., is a 2025 Regular Session House bill sponsored by Michael J. Jones (Democratic); status failed, last action 2025-02-04 (Left in Rules) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-HB2529-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB2529
- State: Virginia
- Session: 2025 Regular Session
- Title: Higher educational institutions, public; endowments; certain divestment practices prohibited.
- Status: failed
- Chamber: House
- Introduced: 2025-01-08
- Last action: 2025-02-04, Left in Rules
- Sponsor: Michael J. Jones (Democratic)
- Cosponsors: 0
- Subjects: Rules
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Public institutions of higher education; endowments; investment management; certain divestment practices prohibited. Prohibits any public institution of higher education or any affiliated foundation, investment management company, or other entity that is responsible for managing or investing endowment funds of the institution from establishing or implementing any policy or practice of divesting from all investments in any country or territory that is not the subject of an active sanctions program administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Michael J. Jones (Democratic), House

## Actions (4)

- 2025-02-04: Left in Rules (House)
- 2025-01-25: Fiscal Impact Statement from Department of Planning and Budget (HB2529) (House)
- 2025-01-08: Referred to Committee on Rules (House)
- 2025-01-08: Prefiled and ordered printed; Offered 01-08-2025 25102939D (House)

## Bill text

- Introduced, 2025-01-08: [HTML](https://lis.blob.core.windows.net/files/1017183.HTML), [PDF](https://lis.blob.core.windows.net/files/1017182.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
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1017183.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1017182.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)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-HB2529-2025 (as of 2026-10-17).