HB1227Introduced in the House of Delegates
Private activity bonds; allocation of state ceiling.
Introduced by Joshua Thomas, District 21
What does this bill do?
Plain-English breakdown
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Official description
Private activity bonds; allocation of state ceiling. Increases the housing allocation of the Virginia state ceiling on private activity bonds from 57 to 67 percent by (i) increasing the allocation to the Virginia Housing Development Authority from the current 43 percent to 50 percent and (ii) increasing the allocation to local housing authorities from the current 14 percent to 17 percent. The bill also maintains the current 18 percent for the Governor's state allocation portion and reduces the industrial development bonds for manufacturing and exempt facilities portion of the ceiling from 25 to 15 percent. This bill is identical to SB 729.
Where it stands
Acts of Assembly Chapter text (CHAP0037)
March 31, 2026
How did lawmakers vote?
House of Delegates votes
3 recorded votes · each counted separately
Senate votes
3 recorded votes · each counted separately
SenateStage: Passed Senate (37-Y 0-N 0-A) · February 27, 2026
37
Yes
0
No
3
Absent or Not Voting
40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Elizabeth Bennett-Parker | 5 | Yes |
| Michael Jones | 77 | Yes |
| Timmy French | 1 | Yes |
| Mark Obenshain | 2 | Yes |
| Chris Head | 3 | Yes |
| David Suetterlein | 4 | Yes |
| Travis Hackworth | 5 | Yes |
| Todd Pillion | 6 | Yes |
| William Stanley | 7 | Yes |
| Mark Peake | 8 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26103260D
Referred to Committee on Appropriations
Assigned HAPP sub: Commerce Agriculture & Natural Resources
Fiscal Impact Statement from Department of Planning and Budget (HB1227)
Subcommittee recommends reporting (3-Y 2-N)
Reported from Appropriations (21-Y 0-N)
Read first time
Moved from Uncontested Calendar to Regular Calendar
Read second time and engrossed
Read third time and passed House (92-Y 6-N 0-A)
Constitutional reading dispensed (on 1st reading)
Referred to Committee on Finance and Appropriations
Reported from Finance and Appropriations (15-Y 0-N)
Rules suspended
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Read third time
Passed Senate (37-Y 0-N 0-A)
Enrolled
Bill text as passed House and Senate (HB1227ER)
Signed by Speaker
Signed by President
Fiscal Impact Statement from Department of Planning and Budget (HB1227)
Enrolled Bill communicated to Governor on March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Approved by Governor-Chapter 37 (effective 7/1/2026)
Acts of Assembly Chapter text (CHAP0037)
Verify the information
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