# Virginia SB1472: Revenue Stabilization and Revenue Reserve Fund; revenue reserves. Virginia SB1472, Revenue Stabilization and Revenue Reserve Fund; revenue reserves., is a 2025 Regular Session Senate bill sponsored by L. Louise Lucas (Democratic); status failed, last action 2025-04-02 (Senate concurred in Governor's recommendation (40-Y 0-N)) (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/VA-SB1472-2025 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Virginia SB1472 - State: Virginia - Session: 2025 Regular Session - Title: Revenue Stabilization and Revenue Reserve Fund; revenue reserves. - Status: failed - Chamber: Senate - Introduced: 2025-01-17 - Last action: 2025-04-02, Senate concurred in Governor's recommendation (40-Y 0-N) - Sponsor: L. Louise Lucas (Democratic) - Cosponsors: 0 - Touches household money: no - Roll calls: 12 (535 yes, 67 no in all) - Economic provisions PRIA read: 0 ## Summary Revenue reserves of the Revenue Stabilization Fund and the Revenue Reserve Fund. Increases the maximum combined amount in the Revenue Stabilization Fund and the Revenue Reserve Fund from 15 percent to 20 percent of the Commonwealth's average annual tax revenues, provided that such combined amount shall only exceed 15 percent if the balance of the Revenue Reserve Fund does not exceed eight percent of such revenues. The bill also removes the requirement that the Governor make increased deposits into the Revenue Stabilization Fund during periods of increased revenue collection. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: L. Louise Lucas (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-02 | Senate | Senate concurred in Governor's recommendation | pass | 40 | 0 | | | 2025-04-02 | House | House concurred in Governor's recommendation | pass | 94 | 2 | | | 2025-02-22 | House | Conference report agreed to by House | pass | 84 | 13 | | | 2025-02-21 | Senate | Conference report agreed to by Senate | pass | 40 | 0 | | | 2025-02-20 | Senate | House substitute rejected by Senate | fail | 0 | 39 | | | 2025-02-20 | Senate | Senate acceded to request Block Vote | pass | 38 | 0 | | | 2025-02-19 | House | Passed House with substitute | pass | 84 | 13 | | | 2025-02-14 | House | Reported from Appropriations with substitute | pass | 21 | 0 | | | 2025-01-31 | Senate | Constitutional reading dispensed Block Vote (on 3rd reading) | pass | 40 | 0 | | | 2025-01-31 | Senate | Passed Senate Block Vote | pass | 40 | 0 | | | 2025-01-30 | Senate | Constitutional reading dispensed Block Vote (on 1st reading) | pass | 39 | 0 | 1 | | 2025-01-29 | Senate | Reported from Finance and Appropriations | pass | 15 | 0 | | ## Actions (54) - 2025-04-02: Senate concurred in Governor's recommendation (40-Y 0-N) (Senate) - 2025-04-02: Acts of Assembly Chapter text (CHAP0635) (Governor) - 2025-04-02: Enacted, Chapter 635 (Effective 07/01/2025) (House) - 2025-04-02: Signed by Speaker as reenrolled (House) - 2025-04-02: Signed by President as reenrolled (Senate) - 2025-04-02: Reenrolled bill text (SB1472ER2) (Senate) - 2025-04-02: Reenrolled (Senate) - 2025-04-02: Governor's recommendation adopted (Governor) - 2025-04-02: House concurred in Governor's recommendation (94-Y 2-N) (House) - 2025-03-24: Governor's recommendation received by Senate (Governor) - 2025-03-11: Governor's Action Deadline 11:59 p.m., March 24, 2024 (Governor) - 2025-03-11: Enrolled Bill Communicated to Governor on March 11, 2025 (Senate) - 2025-03-10: Signed by President (Senate) - 2025-03-07: Fiscal Impact Statement from Department of Planning and Budget (SB1472) (Senate) - 2025-03-07: Bill text as passed Senate and House (SB1472ER) (Senate) - 2025-03-07: Enrolled (Senate) - 2025-03-07: Signed by Speaker (House) - 2025-02-25: Fiscal Impact Statement from Department of Planning and Budget (SB1472) (Senate) - 2025-02-22: Conference report agreed to by House (84-Y 13-N) (House) - 2025-02-21: Conference report agreed to by Senate (40-Y 0-N) (Senate) - 2025-02-21: Amended by conference committee - 2025-02-21: Conference substitute printed 25107953D-S1 (Senate) - 2025-02-20: Senate acceded to request Block Vote (38-Y 0-N) (Senate) - 2025-02-20: House substitute rejected by Senate (0-Y 39-N) (Senate) - 2025-02-20: Senators: Lucas, Deeds, McDougle (Senate) - 2025-02-20: Conferees appointed by Senate (Senate) - 2025-02-20: Delegates: Torian, Sickles, Austin (House) - 2025-02-20: Conferees appointed by House (House) - 2025-02-20: House requested conference committee (House) - 2025-02-20: House insisted on substitute (House) - 2025-02-19: Passed House with substitute (84-Y 13-N) (House) - 2025-02-19: Engrossed by House - committee substitute (House) - 2025-02-19: Appropriations Substitute agreed to (House) - 2025-02-19: Read third time (House) - 2025-02-19: Moved from Uncontested Calendar to Regular Calendar (House) - 2025-02-18: Fiscal Impact Statement from Department of Planning and Budget (SB1472) (Senate) - 2025-02-18: Read second time (House) - 2025-02-14: Committee substitute printed 25107330D-H1 (House) - 2025-02-14: Reported from Appropriations with substitute (21-Y 0-N) (House) - 2025-02-06: Assigned Approps sub: General Government and Capital Outlay (House) - 2025-02-06: Referred to Committee on Appropriations (House) - 2025-02-06: Read first time (House) - 2025-02-06: Placed on Calendar (House) - 2025-01-31: Passed Senate Block Vote (40-Y 0-N) (Senate) - 2025-01-31: Constitutional reading dispensed Block Vote (on 3rd reading) (40-Y 0-N) (Senate) - 2025-01-31: Rules suspended (Senate) - 2025-01-31: Read second time and engrossed (Senate) - 2025-01-30: Fiscal Impact Statement from Department of Planning and Budget (SB1472) (Senate) - 2025-01-30: Constitutional reading dispensed Block Vote (on 1st reading) (39-Y 0-N 1-A) (Senate) - 2025-01-30: Passed by for the day (Senate) - 2025-01-30: Rules suspended (Senate) - 2025-01-29: Reported from Finance and Appropriations (15-Y 0-N) (Senate) - 2025-01-17: Referred to Committee on Finance and Appropriations (Senate) - 2025-01-17: Presented and ordered printed 25102888D (Senate) ## Bill text - Chaptered, 2025-04-02: [HTML](https://lis.blob.core.windows.net/files/1079104.HTML), [PDF](https://lis.blob.core.windows.net/files/1079103.PDF) - Reenrolled, 2025-04-02: [HTML](https://lis.blob.core.windows.net/files/1075411.HTML), [PDF](https://lis.blob.core.windows.net/files/1075410.PDF) - Gov Recommendation, 2025-03-24: [HTML](https://lis.blob.core.windows.net/files/1073661.HTML) - Enrolled, 2025-03-07: [HTML](https://lis.blob.core.windows.net/files/1069332.HTML), [PDF](https://lis.blob.core.windows.net/files/1069331.PDF) - Conference Report, 2025-02-22: [HTML](https://lis.blob.core.windows.net/files/1067084.HTML) - Substitute, 2025-02-22: [HTML](https://lis.blob.core.windows.net/files/1067073.HTML), [PDF](https://lis.blob.core.windows.net/files/1067072.PDF) - Substitute, 2025-02-14: [HTML](https://lis.blob.core.windows.net/files/1053362.HTML), [HTML](https://lis.blob.core.windows.net/files/1053250.HTML), [PDF](https://lis.blob.core.windows.net/files/1053249.PDF), [PDF](https://lis.blob.core.windows.net/files/1053361.PDF) - Introduced, 2025-01-17: [HTML](https://lis.blob.core.windows.net/files/1023197.HTML), [PDF](https://lis.blob.core.windows.net/files/1023196.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/1079104.HTML) - [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1079103.PDF) - [Reenrolled (HTML)](https://lis.blob.core.windows.net/files/1075411.HTML) - [Reenrolled (PDF)](https://lis.blob.core.windows.net/files/1075410.PDF) - [Gov Recommendation (HTML)](https://lis.blob.core.windows.net/files/1073661.HTML) - [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1069332.HTML) - [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1069331.PDF) - [Conference Report (HTML)](https://lis.blob.core.windows.net/files/1067084.HTML) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1067073.HTML) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1067072.PDF) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1053362.HTML) - [Substitute (HTML)](https://lis.blob.core.windows.net/files/1053250.HTML) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1053249.PDF) - [Substitute (PDF)](https://lis.blob.core.windows.net/files/1053361.PDF) - [Introduced (HTML)](https://lis.blob.core.windows.net/files/1023197.HTML) - [Introduced (PDF)](https://lis.blob.core.windows.net/files/1023196.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-SB1472-2025 (as of 2026-10-17).