Real estate contract disclosures, certain; establishment by localities prohibited.
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SB 354 — Real estate contract disclosures, certain; establishment by localities prohibited.
Last action — Acts of Assembly Chapter text (CHAP0769)
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House of Delegates
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 09, 2024. Enacted.
Signed by Governor Glenn Youngkin (Republican) on April 08, 2024.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Mixed recorded votes
6 passed, 1 failed in recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Establishment by localities of certain real estate contract disclosures prohibited. Prohibits localities from establishing or enforcing a mandatory disclosure requirement for a real estate licensee, any party to a contract for the sale or listing of residential real property, or any authorized agent of such party. The bill provides that prohibited mandatory disclosures include mandatory notifications in contracts, contract amendments or addenda, advertising, other promotional materials, and subsequent deeds after the initial deed is recorded, related to the sale of residential real estate. This bill is identical to HB 467.
Bill Text
What changed in the latest version
16 added · 19 removedPlain-language change summary
The changes to the bill SB 354 include a new section that prohibits local governments in Virginia from creating or enforcing mandatory disclosure requirements for real estate transactions. This means that homeowners and real estate agents will not be obligated to provide certain notifications to potential buyers, which could simplify the selling process. This change matters because it could reduce the regulatory burden on real estate transactions, potentially making it easier and faster for homeowners to sell their properties.
SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY ––-- 2024 SESSION CHAPTER E769 An Act to amend the Code of Virginia by adding a section numbered 15.2-983.1, relating to real estate contracts;
R [S 354] O Approved LApril 8, 2024 Be it enacted by the General Assembly of Virginia:
L 1.
E § 15.2-983.1.
Establishment by localities of certain real estate contract disclosures prohibDted.prohibited.
No locality shall have the authority to establish or enforce a mandatory disclosure requirement for a real estate licensee, any party to a contract for the sale or listing of residential real property, or any authorized agent of such party.
For purposes of this section, "mandatory disclosure" means any notification required to be made by a homeowner or his authorized agent to a potential or actual buyer contract amendments or addenda,his advertising,authorized otheragent. promotional materials, and subsequent deeds afterts, the initial deed is recorded, related to the sale of residential real estate.
BProhibited Emandatory Rdisclosures include mandatory notifications in contracts, contract amendments or addenda, advertising, other promotional materials, and subsequent deeds after the initial deed is recorded, related to the sale of residential real estate.
View plain text versions (3)
- CHAP0769 View text Current pdf April 08, 2024
- SB354ER View text pdf March 06, 2024
- Prefiled Prefiled and ordered printed; offered 01/10/24 24104481D pdf January 09, 2024
Action History
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Acts of Assembly Chapter text (CHAP0769)
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Approved by Governor-Chapter 769 (effective 7/1/24)
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Governor's Action Deadline 11:59 p.m., April 8, 2024
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Enrolled Bill Communicated to Governor on March 11, 2024
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Signed by President
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Signed by Speaker
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Bill text as passed Senate and House (SB354ER)
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Enrolled
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VOTE: Passage (79-Y 15-N 1-A)
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Passed House (79-Y 15-N 1-A)
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Read third time
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Read second time
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Reported from General Laws (22-Y 0-N)
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Subcommittee recommends reporting (8-Y 0-N)
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Assigned GL sub: Housing/Consumer Protection
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Referred to Committee on General Laws
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Referred from Counties, Cities and Towns
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Referred to Committee on Counties, Cities and Towns
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Read first time
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Placed on Calendar
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Read third time and passed Senate (39-Y 0-N)
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Read second time and engrossed
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Constitutional reading dispensed (37-Y 0-N)
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Reported from General Laws and Technology (15-Y 0-N)
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Referred to Committee on General Laws and Technology
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Prefiled and ordered printed; offered 01/10/24 24104481D
Sponsors
- Mamie E. Locke · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 147 not signed on · 15 voted No
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (147)
147 members have not signed on to this bill.
Show all 147 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 78 | 15 | 0 | 6 |
| Total | 78 | 15 | 0 | 6 |
| % of votes cast | 79% | 15% | 0% | 6% |
How each member voted (99)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 22 | 0 | 0 | 0 |
| Total | 22 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (22)
| Member | Party | Vote |
|---|---|---|
| Adele Y. McClure | — | Yea |
| Arnold, Jonathan, E. P. | — | Yea |
| Betsy B. Carr | — | Yea |
| Bill Wiley | — | Yea |
| Bulova, David L. | — | Yea |
| Coyner, Carrie E. | — | Yea |
| Elizabeth B. Bennett-Parker | — | Yea |
| Ellen H. McLaughlin | — | Yea |
| Fowler, Hyland F."Buddy," Jr. | — | Yea |
| Holly M. Seibold | — | Yea |
| James A. "Jay" Leftwich | — | Yea |
| James W. Morefield | — | Yea |
| Joshua E. Thomas | — | Yea |
| Joshua G. Cole | — | Yea |
| Karrie K. Delaney | — | Yea |
| Knight, Barry D. | — | Yea |
| Luke E. Torian | — | Yea |
| Marcia S. "Cia" Price | — | Yea |
| Marcus B. Simon | — | Yea |
| Paul E. Krizek | — | Yea |
| Robert S. Bloxom, Jr. | — | Yea |
| Terry L. Austin | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 8 | 0 | 0 | 1 |
| Total | 8 | 0 | 0 | 1 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Arnold, Jonathan, E. P. | — | Yea |
| Betsy B. Carr | — | Yea |
| Bulova, David L. | — | Not Voting |
| Coyner, Carrie E. | — | Yea |
| Elizabeth B. Bennett-Parker | — | Yea |
| Joshua E. Thomas | — | Yea |
| Marcia S. "Cia" Price | — | Yea |
| Marcus B. Simon | — | Yea |
| Terry L. Austin | — | Yea |
Roll call published as PDF — view source.
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 39 | 0 | 0 | 1 |
| Total | 39 | 0 | 0 | 1 |
| % of votes cast | 98% | 0% | 0% | 3% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Angelia Williams Graves | — | Yea |
| Barbara A. Favola | — | Yea |
| Bill DeSteph | — | Yea |
| Bryce E. Reeves | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Christie New Craig | — | Yea |
| Christopher T. Head | — | Yea |
| Danica A. Roem | — | Yea |
| David R. Suetterlein | — | Yea |
| David W. Marsden | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Emily M. Jordan | — | Yea |
| Glen H. Sturtevant, Jr. | — | Yea |
| Hashmi, Ghazala F. | — | Yea |
| J.D. "Danny" Diggs | — | Yea |
| Jennifer B. Boysko | — | Yea |
| Jeremy S. McPike | — | Yea |
| L. Louise Lucas | — | Yea |
| Lamont Bagby | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Mamie E. Locke | — | Yea |
| Mark D. Obenshain | — | Yea |
| Mark J. Peake | — | Yea |
| McGuire, John J., III | — | Yea |
| R. Creigh Deeds | — | Not Voting |
| Richard H. Stuart | — | Yea |
| Russet Perry | — | Yea |
| Ryan T. McDougle | — | Yea |
| Saddam Azlan Salim | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Scott A. Surovell | — | Yea |
| Stella G. Pekarsky | — | Yea |
| Subramanyam, Suhas | — | Yea |
| T. Travis Hackworth | — | Yea |
| Tammy Brankley Mulchi | — | Yea |
| Tara A. Durant | — | Yea |
| Timmy French | — | Yea |
| Todd E. Pillion | — | Yea |
| William M. Stanley, Jr. | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 37 | 0 | 0 | 3 |
| Total | 37 | 0 | 0 | 3 |
| % of votes cast | 93% | 0% | 0% | 8% |
How each member voted (40)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 15 | 0 | 0 | 0 |
| Total | 15 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (15)
| Member | Party | Vote |
|---|---|---|
| Aaron R. Rouse | — | Yea |
| Bryce E. Reeves | — | Yea |
| Carroll Foy, Jennifer D. | — | Yea |
| Christie New Craig | — | Yea |
| Christopher T. Head | — | Yea |
| Danica A. Roem | — | Yea |
| Ebbin, Adam P. | — | Yea |
| Emily M. Jordan | — | Yea |
| Jeremy S. McPike | — | Yea |
| Lashrecse D. Aird | — | Yea |
| Mamie E. Locke | — | Yea |
| Schuyler T. VanValkenburg | — | Yea |
| Subramanyam, Suhas | — | Yea |
| Timmy French | — | Yea |
| Todd E. Pillion | — | Yea |
Subjects
Frequently asked questions
- What does SB 354 do?
- Establishment by localities of certain real estate contract disclosures prohibited. Prohibits localities from establishing or enforcing a mandatory disclosure requirement for a real estate licensee, any party to a contract for the sale or listing of residential real property, or any authorized agent of such party. The bill provides that prohibited mandatory disclosures include mandatory notifications in contracts, contract amendments or addenda, advertising, other promotional materials, and subsequent deeds after the initial deed is recorded, related to the sale of residential real estate. This bill is identical to HB 467.
- Who sponsors SB 354?
- SB 354 is sponsored by Mamie E. Locke.
- What is the current status of SB 354?
- This bill has been enacted into law. Introduced January 09, 2024. Enacted.
- Where can I track SB 354?
- Track SB 354 free on One Click Politics — get push/email alerts when it moves.
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