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HB2234

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

Status:
Enacted

Latest Action: March 24, 2025
Acts of Assembly Chapter text (CHAP0455)

Chief Patron:
Rae Cousins (D)

Session:
2025 Regular Session

Summary

As Introduced. 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 SB 1250. (Less)
  • Bill History

  • 01/07/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25101713D
  • 01/07/2025 - House: Referred to Committee on Transportation
  • 01/22/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2234)
  • 01/23/2025 - House: Assigned Trans sub: Transportation Infrastructure and Funding
  • 01/24/2025 - House: Placed on Transportation Agenda
  • 01/28/2025 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 01/29/2025 - House: Placed on Transportation Agenda
  • 01/30/2025 - House: Reported from Transportation (22-Y 0-N)
  • 02/02/2025 - House: Read first time
  • 02/03/2025 - House: Read second time and engrossed
  • 02/04/2025 - House: Read third time and passed House (97-Y 0-N)
  • 02/04/2025 - House: Reconsideration of passage agreed to by House
  • 02/04/2025 - House: Passed House (99-Y 0-N)
  • 02/05/2025 - Senate: Constitutional reading dispensed (on 1st reading)
  • 02/05/2025 - Senate: Referred to Committee on Transportation
  • 02/13/2025 - Senate: Reported from Transportation (13-Y 0-N)
  • 02/17/2025 - Senate: Rules suspended
  • 02/17/2025 - Senate: Constitutional reading dispensed (on 2nd reading)
  • 02/17/2025 - Senate: Passed by for the day
  • 02/18/2025 - Senate: Read third time
  • 02/18/2025 - Senate: Passed Senate (40-Y 0-N)
  • 03/07/2025 - House: Enrolled
  • 03/07/2025 - House: Bill text as passed House and Senate (HB2234ER)
  • 03/07/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2234)
  • 03/07/2025 - House: Signed by Speaker
  • 03/10/2025 - Senate: Signed by President
  • 03/11/2025 - House: Enrolled Bill communicated to Governor on March 11, 2025
  • 03/11/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
  • 03/24/2025 - Approved by Governor-Chapter 455 (Effective 07/01/25)
  • 03/24/2025 - Acts of Assembly Chapter text (CHAP0455)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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