# Virginia SB1250: Transportation Trust Fund; extends limitation on personal liability for loss in investments.

Virginia SB1250, Transportation Trust Fund; extends limitation on personal liability for loss in investments., is a 2025 Regular Session Senate bill sponsored by Lamont Bagby (Democratic); status to governor, last action 2025-03-24 (Acts of Assembly Chapter text (CHAP0471)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-SB1250-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia SB1250
- State: Virginia
- Session: 2025 Regular Session
- Title: Transportation Trust Fund; extends limitation on personal liability for loss in investments.
- Status: to governor
- Chamber: Senate
- Introduced: 2025-01-08
- Last action: 2025-03-24, Acts of Assembly Chapter text (CHAP0471)
- Sponsor: Lamont Bagby (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 5 (208 yes, 0 no in all)
- Economic provisions PRIA read: 0

## 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.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Lamont Bagby (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-11 | House | Passed House Block Vote | pass | 94 | 0 |   |
| 2025-02-06 | House | Reported from Transportation | pass | 20 | 0 |   |
| 2025-01-22 | Senate | Read third time and passed Senate Block Vote | pass | 40 | 0 |   |
| 2025-01-20 | Senate | Constitutional reading dispensed Block Vote (on 1st reading) | pass | 40 | 0 |   |
| 2025-01-16 | Senate | Reported from Transportation | pass | 14 | 0 |   |

## Actions (25)

- 2025-03-24: Acts of Assembly Chapter text (CHAP0471) (Governor)
- 2025-03-24: Approved by Governor-Chapter 471 (Effective 07/01/25) (Governor)
- 2025-02-20: Governor's Action Deadline 11:59 p.m., March 24, 2025 (Governor)
- 2025-02-20: Enrolled Bill Communicated to Governor on February 20, 2025 (Senate)
- 2025-02-16: Signed by President (Senate)
- 2025-02-13: Fiscal Impact Statement from Department of Planning and Budget (SB1250) (Senate)
- 2025-02-13: Bill text as passed Senate and House (SB1250ER) (Senate)
- 2025-02-13: Enrolled (Senate)
- 2025-02-13: Signed by Speaker (House)
- 2025-02-11: Passed House Block Vote (94-Y 0-N) (House)
- 2025-02-11: Read third time (House)
- 2025-02-10: Read second time (House)
- 2025-02-06: Reported from Transportation (20-Y 0-N) (House)
- 2025-02-04: Read first time (House)
- 2025-02-04: Referred to Committee on Transportation (House)
- 2025-02-04: Placed on Calendar (House)
- 2025-01-22: Fiscal Impact Statement from Department of Planning and Budget (SB1250) (Senate)
- 2025-01-22: Read third time and passed Senate Block Vote (40-Y 0-N) (Senate)
- 2025-01-21: Read second time and engrossed (Senate)
- 2025-01-20: Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N) (Senate)
- 2025-01-20: Passed by for the day (Senate)
- 2025-01-20: Rules suspended (Senate)
- 2025-01-16: Reported from Transportation (14-Y 0-N) (Senate)
- 2025-01-08: Referred to Committee on Transportation (Senate)
- 2025-01-08: Prefiled and ordered printed; Offered 01-08-2025 25100598D (Senate)

## Bill text

- Chaptered, 2025-03-24: [HTML](https://lis.blob.core.windows.net/files/1076808.HTML), [PDF](https://lis.blob.core.windows.net/files/1076807.PDF)
- Enrolled, 2025-02-13: [HTML](https://lis.blob.core.windows.net/files/1047314.HTML), [PDF](https://lis.blob.core.windows.net/files/1047313.PDF)
- Introduced, 2025-01-08: [HTML](https://lis.blob.core.windows.net/files/1018516.HTML), [PDF](https://lis.blob.core.windows.net/files/1018515.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/1076808.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1076807.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1047314.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1047313.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1018516.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1018515.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-SB1250-2025 (as of 2026-10-17).
