Virginia bills · 2026 Regular Session
Virginia SB 546
Mortgages; annual notice of potential assumption required, delayed effective date.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Glen H. Sturtevant, Jr. (Republican)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS PASSED SENATE
Mortgages; annual notice of potential assumption required. Requires a mortgage lender to send an annual notice to the owner of residential real estate that is encumbered by a mortgage that such mortgage may be assumable in connection with certain federally backed loans or conventional loans. The bill has a delayed effective date of January 1, 2027. As introduced, this bill was a recommendation of the Virginia Housing Commission.
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 8:06 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 24, 2026 House | Subcommittee recommends laying on the table | pass | Set your home in Virginia to see |
| Jan 30, 2026 Senate | Passage R | pass | Set your home in Virginia to see |
| Jan 28, 2026 Senate | Constitutional reading dispensed R | pass | Set your home in Virginia to see |
| Jan 26, 2026 Senate | Reported from Commerce and Labor with amendments | pass | Set your home in Virginia to see |
Actions
- Mar 10, 2026 · House
Left in Labor and Commerce - Feb 24, 2026 · House
Subcommittee recommends laying on the table (6-Y 2-N) - Feb 23, 2026 · Senate
Fiscal Impact Statement from State Corporation Commission (SB546) - Feb 17, 2026 · House
Assigned HCL sub: Subcommittee #1 - Feb 4, 2026 · House
Referred to Committee on Labor and Commerce - Feb 4, 2026 · House
Read first time - Feb 4, 2026 · House
Placed on Calendar - Jan 30, 2026 · Senate
Read third time and passed Senate (38-Y 0-N 0-A) - Jan 29, 2026 · Senate
Engrossed by Senate as amended - Jan 29, 2026 · Senate
Engrossed by Senate (Voice Vote) - Jan 29, 2026 · Senate
Commerce and Labor Amendments agreed to - Jan 29, 2026 · Senate
Read second time - Jan 28, 2026 · Senate
Passed by for the day - Jan 28, 2026 · Senate
Passed by for the day Block Vote (Voice Vote) - Jan 28, 2026 · Senate
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) - Jan 28, 2026 · Senate
Rules suspended - Jan 26, 2026 · Senate
Reported from Commerce and Labor with amendments (15-Y 0-N) - Jan 26, 2026 · Senate
Senate committee offered - Jan 25, 2026 · Senate
Fiscal Impact Statement from State Corporation Commission (SB546) - Jan 14, 2026 · Senate
Referred to Committee on Commerce and Labor - Jan 14, 2026 · Senate
Prefiled and ordered printed; Offered 01-14-2026 26101250D