# Virginia SB759: Contracts assigning rights to earned wages; legal rate of interest.

Virginia SB759, Contracts assigning rights to earned wages; legal rate of interest., is a 2025 Regular Session Senate bill sponsored by Mamie E. Locke (Democratic); status failed, last action 2025-01-27 (Stricken at request of Patron in Commerce and Labor (15-Y 0-N)) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-SB759-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia SB759
- State: Virginia
- Session: 2025 Regular Session
- Title: Contracts assigning rights to earned wages; legal rate of interest.
- Status: failed
- Chamber: Senate
- Introduced: 2024-12-10
- Last action: 2025-01-27, Stricken at request of Patron in Commerce and Labor (15-Y 0-N)
- Sponsor: Mamie E. Locke (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 1 (15 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Contracts assigning rights to earned wages; legal rate of interest. Provides that any contract entered into on or after July 1, 2025, pursuant to which a person receives a cash advance for assigning to a company or other entity a portion of such person's rights to receive earned wages, salary, commissions, or other compensation for services shall be considered a loan and that any additional funds such person is obligated to pay under the terms of the contract shall be considered interest. The bill provides that such contract shall be subject to the legal rate of interest.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Mamie E. Locke (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-01-27 | Senate | Stricken at request of Patron in Commerce and Labor | pass | 15 | 0 |   |

## Actions (4)

- 2025-01-27: Stricken at request of Patron in Commerce and Labor (15-Y 0-N) (Senate)
- 2025-01-16: Fiscal Impact Statement from State Corporation Commission (SB759) (Senate)
- 2024-12-10: Referred to Committee on Commerce and Labor (Senate)
- 2024-12-10: Prefiled and ordered printed; Offered 01-08-2025 25101242D (Senate)

## Bill text

- Introduced, 2024-12-10: [HTML](https://lis.blob.core.windows.net/files/1011690.HTML), [PDF](https://lis.blob.core.windows.net/files/1011689.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/1011690.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1011689.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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Source: PRIA, https://policyrisk.com/state-bill/VA-SB759-2025 (as of 2026-10-17).