VirginiaSB12502025 Regular SessionSenate

Transportation Trust Fund; extends limitation on personal liability for loss in investments.

Sponsored By: Lamont Bagby (Democratic)

To Governor

Summary

Transportation Trust Fund; investments; personal liability. Extends the limitation on personal liability for loss in investments from moneys in the Transportation Trust Fund to an individual's actions taken while serving on or employed by certain entities, even if such individual no longer serves on or is employed by any such entity. The bill also applies such limitation on personal liability for loss in investments to members and employees of the Central Virginia Transportation Authority. This bill is identical to HB 2234.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Lamont Bagby

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 208 • No: 0

House vote • 2/11/2025

Passed House Block Vote

Yes: 94 • No: 0

House vote • 2/6/2025

Reported from Transportation

Yes: 20 • No: 0

Senate vote • 1/22/2025

Read third time and passed Senate Block Vote

Yes: 40 • No: 0

Senate vote • 1/20/2025

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 40 • No: 0

Senate vote • 1/16/2025

Reported from Transportation

Yes: 14 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0471)

    3/24/2025Governor
  2. Approved by Governor-Chapter 471 (Effective 07/01/25)

    3/24/2025Governor
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025

    2/20/2025Governor
  4. Enrolled Bill Communicated to Governor on February 20, 2025

    2/20/2025Senate
  5. Signed by President

    2/16/2025Senate
  6. Fiscal Impact Statement from Department of Planning and Budget (SB1250)

    2/13/2025Senate
  7. Bill text as passed Senate and House (SB1250ER)

    2/13/2025Senate
  8. Enrolled

    2/13/2025Senate
  9. Signed by Speaker

    2/13/2025House
  10. Passed House Block Vote (94-Y 0-N)

    2/11/2025House
  11. Read third time

    2/11/2025House
  12. Read second time

    2/10/2025House
  13. Reported from Transportation (20-Y 0-N)

    2/6/2025House
  14. Read first time

    2/4/2025House
  15. Referred to Committee on Transportation

    2/4/2025House
  16. Placed on Calendar

    2/4/2025House
  17. Fiscal Impact Statement from Department of Planning and Budget (SB1250)

    1/22/2025Senate
  18. Read third time and passed Senate Block Vote (40-Y 0-N)

    1/22/2025Senate
  19. Read second time and engrossed

    1/21/2025Senate
  20. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N)

    1/20/2025Senate
  21. Passed by for the day

    1/20/2025Senate
  22. Rules suspended

    1/20/2025Senate
  23. Reported from Transportation (14-Y 0-N)

    1/16/2025Senate
  24. Referred to Committee on Transportation

    1/8/2025Senate
  25. Prefiled and ordered printed; Offered 01-08-2025 25100598D

    1/8/2025Senate

Bill Text

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