Lamont Bagby
- Democratic
- Senator
- District 14
Primary
Transportation Trust Fund; investments; personal liability. Extends the limitation on personal liability for loss in investments from moneys in the Transportation Trust Fund to an individual's actions taken while serving on or employed by certain entities, even if such individual no longer serves on or is employed by any such entity. The bill also applies such limitation on personal liability for loss in investments to members and employees of the Central Virginia Transportation Authority. This bill is identical to HB 2234.
An Act to amend and reenact ยง 33.2-1525 of the Code of Virginia, relating to the Transportation Trust Fund; investments; personal liability.
Acts of Assembly Chapter text (CHAP0471)
Approved by Governor-Chapter 471 (Effective 07/01/25)
Governor's Action Deadline 11:59 p.m., March 24, 2025
Enrolled Bill Communicated to Governor on February 20, 2025
Signed by President
Bill text as passed Senate and House (SB1250ER)
Signed by Speaker
Fiscal Impact Statement from Department of Planning and Budget (SB1250)
Enrolled
Read third time
Passed House (94-Y 0-N)
Read second time
Reported from Transportation (20-Y 0-N)
Referred to Committee on Transportation
Read first time
Placed on Calendar
Fiscal Impact Statement from Department of Planning and Budget (SB1250)
Read third time and passed Senate (40-Y 0-N)
Read second time and engrossed
Rules suspended
Passed by for the day
Constitutional reading dispensed (on 1st reading) (40-Y 0-N)
Reported from Transportation (14-Y 0-N)
Referred to Committee on Transportation
Prefiled and ordered printed; Offered 01-08-2025 25100598D
| Bill Text Versions | Format |
|---|---|
| Chaptered | HTML PDF |
| Enrolled | HTML PDF |
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Fiscal Impact Statement from Department of Planning and Budget (SB1250) | PDF PDF |
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