# Virginia HB798: Virginia Disposition of Unclaimed Property Act; definitions, digital assets.

Virginia HB798, Virginia Disposition of Unclaimed Property Act; definitions, digital assets., is a 2026 Regular Session House bill sponsored by C.E. Cliff Hayes, Jr. (Democratic); status signed, last action 2026-04-13 (Acts of Assembly Chapter text (CHAP0669)); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/VA-HB798-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB798
- State: Virginia
- Session: 2026 Regular Session
- Title: Virginia Disposition of Unclaimed Property Act; definitions, digital assets.
- Status: signed
- Chamber: House
- Introduced: 2026-01-13
- Last action: 2026-04-13, Acts of Assembly Chapter text (CHAP0669)
- Sponsor: C.E. Cliff Hayes, Jr. (Democratic)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 7 (226 yes, 3 no in all)
- Economic provisions PRIA read: 3

## Summary

Virginia Disposition of Unclaimed Property Act; digital financial assets. Creates a statutory framework for the treatment and disposition of unclaimed intangible property in the form of digital assets, as defined in the bill.

## Bill overview: provisions PRIA read

- Digital asset owners face sale rules: mixed, low. Virginia generally must hold delivered digital assets for at least one year before sale. It may sell earlier when doing so serves the state's best interest. Exchange-listed assets must sell at exchange prices; others may sell off-exchange at current prices or through another method Virginia chooses…
- Inactive digital accounts enter state custody: mixed, low. Virginia's unclaimed-property rules now cover digital value used for payments, accounting, or savings that is not legal tender. Certain rewards, game-only value, and securities are excluded. Digital accounts are presumed abandoned after five years of inactivity; a recorded written, spoken, or elect…
- Providers must handle unclaimed digital assets: mixed, low. Providers controlling all required private keys must report unclaimed digital assets and deliver them unchanged to Virginia, with delivery proof. Providers unable to transfer assets must keep them until transfer becomes possible. If the state's custodian cannot accept the assets, Virginia may order…

## Sponsors and cosponsors

- Sponsor: C.E. Cliff Hayes, Jr. (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-04 | Senate | Passed Senate Block Vote | pass | 40 | 0 |   |
| 2026-03-03 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 40 | 0 |   |
| 2026-03-03 | Senate | Passed by for the day Block Vote (Voice Vote) | pass | 0 | 0 |   |
| 2026-03-03 | Senate | Reported from Finance and Appropriations | pass | 14 | 0 |   |
| 2026-02-25 | Senate | Reported from General Laws and Technology and rereferred to Finance and Appropriations | pass | 15 | 0 |   |
| 2026-02-06 | House | Read third time and passed House | pass | 96 | 2 |   |
| 2026-02-02 | House | Reported from Communications, Technology and Innovation with substitute | pass | 21 | 1 |   |

## Actions (30)

- 2026-04-13: Acts of Assembly Chapter text (CHAP0669) (Governor)
- 2026-04-13: Approved by Governor-Chapter 669 (effective 7/1/2026) (Governor)
- 2026-03-14: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor)
- 2026-03-14: Enrolled Bill communicated to Governor on March 14, 2026 (House)
- 2026-03-12: Signed by Speaker (House)
- 2026-03-11: Fiscal Impact Statement from Department of Planning and Budget (HB798) (House)
- 2026-03-11: Bill text as passed House and Senate (HB798ER) (House)
- 2026-03-11: Enrolled (House)
- 2026-03-11: Signed by President (Senate)
- 2026-03-04: Passed Senate Block Vote (40-Y 0-N 0-A) (Senate)
- 2026-03-04: Read third time (Senate)
- 2026-03-03: Passed by for the day Block Vote (Voice Vote) (Senate)
- 2026-03-03: Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) (Senate)
- 2026-03-03: Rules suspended (Senate)
- 2026-03-03: Reported from Finance and Appropriations (14-Y 0-N) (Senate)
- 2026-02-25: Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N) (Senate)
- 2026-02-09: Referred to Committee on General Laws and Technology (Senate)
- 2026-02-09: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-06: Read third time and passed House (96-Y 2-N 0-A) (House)
- 2026-02-06: Fiscal Impact Statement from Department of Planning and Budget (HB798) (House)
- 2026-02-05: Engrossed by House - committee substitute (House)
- 2026-02-05: committee substitute agreed to (House)
- 2026-02-05: Read second time (House)
- 2026-02-04: Read first time (House)
- 2026-02-02: Committee substitute printed 26105592D-H1 (House)
- 2026-02-02: House committee offered (House)
- 2026-02-02: Reported from Communications, Technology and Innovation with substitute (21-Y 1-N) (House)
- 2026-01-19: Fiscal Impact Statement from Department of Planning and Budget (HB798) (House)
- 2026-01-13: Referred to Committee on Communications, Technology and Innovation (House)
- 2026-01-13: Prefiled and ordered printed; Offered 01-14-2026 26102629D (House)

## Bill text

- Chaptered, 2026-04-13: [HTML](https://lis.blob.core.windows.net/files/1221789.HTML), [PDF](https://lis.blob.core.windows.net/files/1221788.PDF)
- Enrolled, 2026-03-11: [HTML](https://lis.blob.core.windows.net/files/1199895.HTML), [PDF](https://lis.blob.core.windows.net/files/1199894.PDF)
- Substitute, 2026-02-02: [HTML](https://lis.blob.core.windows.net/files/1105702.HTML), [HTML](https://lis.blob.core.windows.net/files/1105682.HTML), [PDF](https://lis.blob.core.windows.net/files/1105701.PDF), [PDF](https://lis.blob.core.windows.net/files/1105681.PDF)
- Introduced, 2026-01-13: [HTML](https://lis.blob.core.windows.net/files/1085964.HTML), [PDF](https://lis.blob.core.windows.net/files/1085963.PDF)

## Related bills

- HB5: Employment; paid sick leave, civil penalties. (signed)
- SB199: Employment; paid sick leave, civil penalties. (signed)
- HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with rental agreement. (signed)
- HB1393: Electric utilities; pilot program for energy assistance and weatherization for certain individuals. (signed)
- HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, termination by landlord. (signed)
- HB675: Protection of employees; coercion or threat based on immigration status, civil penalty. (signed)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1221789.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1221788.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1199895.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1199894.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1105702.HTML)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1105682.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1105701.PDF)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1105681.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1085964.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1085963.PDF)

## Related
- [HB5: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-HB5-2026)
- [SB199: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-SB199-2026)
- [HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with…](https://policyrisk.com/state-bill/VA-HB95-2026)
- [HB1393: Electric utilities; pilot program for energy assistance and weatherization for…](https://policyrisk.com/state-bill/VA-HB1393-2026)
- [HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, terminat…](https://policyrisk.com/state-bill/VA-HB834-2026)
- [HB675: Protection of employees; coercion or threat based on immigration status, civil…](https://policyrisk.com/state-bill/VA-HB675-2026)
- [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-HB798-2026 (as of 2026-10-12).