Virginia Association of Realtors issued the following announcement on March 11
March 12th marks the last scheduled day of the 2022 General Assembly Session, and it’s been an incredibly positive and productive time for the Virginia REALTORS®. While most of the legislation has been acted on, there are still a few pending issues. Here’s a by-the-numbers look at the Session as we approach the final day.
That’s a lot of bills
The Virginia REALTORS® Government Relations team examined every piece of legislation (that’s 3,134 bills and resolutions!) to determine if it impacted you, your clients, and/or your business. Out of those, the Virginia REALTORS® Public Policy Committee (PPC) reviewed 286 pieces of legislation and took a position to support, amend, oppose, or monitor each of those bills.
How did our Legislative Agenda do?
The Virginia REALTORS® Legislative Agenda passed with nearly unanimous support – total final passage of 1,386 “yes” votes to 4 no “votes.” All of our bills are being communicated to the governor for his review and final approval into law. Here’s the final passage vote counts for our bills.
VIRGINIA REALTORS® LEGISLATION | PATRON | BILL NUMBER | HOUSE VOTE | SENATE VOTE |
COMMON INTEREST COMMUNITIES | SENATOR MONTY MASON | SB 197 | 99-0 | 40-0 |
COMMON INTEREST COMMUNITIES | DELEGATE DAVID BULOVA | HB 470 | 99-0 | 40-0 |
DEATH OR DISABILITY OF A BROKER | SENATOR DAVID SUETTERLEIN | SB 510 | 99-0 | 40-0 |
TITLE DISCLOSURES | SENATOR ADAM EBBIN | SB 311 | 100-0 | 40-0 |
TITLE DISCLOSURES | DELEGATE CARRIE COYNER | HB 281 | 99-0 | 40-0 |
VREB – ESCROW LIABILITY | SENATOR LYNWOOD LEWIS | SB 533 | 99-0 | 40-0 |
HEALTH PLANS | SENATOR GEORGE BARKER | SB 335 | 97-2 | 40-0 |
HEALTH PLANS | DELEGATE KEITH HODGES | HB 768 | 95-2 | 40-0 |
SELLER SETTLEMENT REPRESENTATION | DELEGATE JAY LEFTWICH | HB 1364 | 100-0 | 40-0 |
SELLER SETTLEMENT REPRESENTATION | SENATOR LYNWOOD LEWIS | SB 775 | 99-0 | 40-0 |
The Virginia REALTORS® Government Relations team will continue to provide updates as the dust settles on the General Assembly Session. Be on the lookout for education content from the Virginia REALTORS® Legal team later in the spring to help prepare you for when these new laws are enacted. As always, feel free to reach out to a member of the Government Relations team directly, or email us at advocacy@virginiarealtors.org if you have questions or feedback.
Original source can be found here.