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Virginia bills · 2026 Regular Session

Virginia HB 183

First-time home buyer savings plan; townhouses, principal limits.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Summary

Official abstract published by the Virginia legislature· SUMMARY AS PASSED HOUSE

First-time home buyer savings plan; townhouses; principal limits. Includes townhouses in the definition of single-family residence for purposes of the First-Time Home Buyer Savings Plan Act. The bill also increases (i) the aggregate amount of principal that can be contributed to a first-time home buyer savings account from $50,000 to $100,000 and (ii) the limit on the amount of principal and interest or other income on the principal that may be retained in such an account from $150,000 to $200,000. The bill defines first-time home buyer, and includes that term in the definition of qualified beneficiary.

Text versions

Roll-call votes

State vote data last updated Oct 16, 2026, 8:07 AM.

DateVoteResultYour legislators
Feb 25, 2026
Senate		Continued to next session in Finance and AppropriationspassSet your home in Virginia to see
Feb 3, 2026
House		H VOTE:passSet your home in Virginia to see
Jan 28, 2026
House		Reported from Appropriations with substitutepassSet your home in Virginia to see
Jan 21, 2026
House		Subcommittee recommends reporting with substitutepassSet your home in Virginia to see

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