Virginia bills · 2026 Regular Session
Virginia HB 1505
Financial services; right of buyer to refinance certain payments, exemption.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Richard C. "Rip" Sullivan, Jr. (Democratic)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS INTRODUCED
Financial services; right of buyer to refinance certain payments; exemption. Provides that provisions authorizing a buyer of consumer goods to refinance an installment payment when such payment is greater than 10 percent more than the regular installment payments do not apply to the purchase of a motor vehicle, provided that the financing agreement includes a payment schedule that is disclosed to the buyer and no installment payment is more than 50 percent greater than the regular installment payments.
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 12:24 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 10, 2026 House | Subcommittee recommends striking from the docket | pass | Set your home in Virginia to see |
Actions
- Feb 18, 2026 · House
Left in Labor and Commerce - Feb 10, 2026 · House
Subcommittee recommends striking from the docket (9-Y 0-N) - Feb 8, 2026 · House
Fiscal Impact Statement from State Corporation Commission (HB1505) - Feb 3, 2026 · House
Assigned HCL sub: Subcommittee #1 - Jan 23, 2026 · House
Referred to Committee on Labor and Commerce - Jan 23, 2026 · House
Presented and ordered printed 26103567D