Virginia 2024 Regular Session Status: Enacted

SB 489 — VA residential development infrastructure fund; feasibility of establishing, report.

Last action — Acts of Assembly Chapter text (CHAP0509)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House of Delegates
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 09, 2024. Enacted.

Signed by Governor Glenn Youngkin (Republican) on April 04, 2024.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 9 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

Department of Housing and Community Development; Virginia residential development infrastructure fund; work group; report. Directs the Department of Housing and Community Development to convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund. The bill directs the work group to submit a report of its assessment to the General Assembly no later than the first day of the 2025 Regular Session.

Bill Text

What changed in the latest version

29 added · 29 removed

Plain-language change summary

The bill SB 489 has been updated to clarify the focus of the work group on establishing a Virginia residential development infrastructure fund. The changes include specifying that the work group will review how similar funds have been implemented in other states and will consider recommended best practices. Additionally, the revised text emphasizes the importance of localities that have taken steps to ease regulatory barriers for new development. This matters because it highlights a proactive approach to infrastructure planning and encourages collaborative efforts to improve housing development in Virginia.

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SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY –– CHAPTER E An Act to direct the Department of Housing and Community Development to convene a work group toN assess the feasibility of and options for establishing a Virginia residential development inRrastructure fund;
VIRGINIA ACTS OF ASSEMBLY -- 2024 SESSION CHAPTER 509 An Act to direct the Department of Housing and Community Development to convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund;
O [S 489] L Approved L Be it enacted by the General Assembly of Virginia:
[S 489] Approved April 4, 2024 Be it enacted by the General Assembly of Virginia:
E work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund.
1.
The work group shall consider (i) whether other states have established a residential development infrastructure fund, or similar fund, and evaluate the effectiveness and best practices used in implementing such policy in other states;
§ 1.
(ii) preliminary and long-term fiscal impacts of establishing project eligibility criteria, application review and selection processes, funding disbursement, and other potential policies, procedures, or guidelines;
That the Department of Housing and Community Development (the Department) shall convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund.
and (iv) prioritizing certain public infrastructSre projects, including those that support residential developments in localities that have implemented measu4es to reduce local regulatory barriers to new development.
The work group shall consider (i) whether other states have established a residential development infrastructure fund, or similar fund, and evaluate the effectiveness and best practices used in and administering a Virginia residential development infrastructure fund;
9 The work group shall be composed of representatives from local government and individuals wiRh infrastructure development, or other areas of expertise deemed appropriate by the Department.ance, All agencies of the Commonwealth shall provide assistance to the Department and the work group, upon request.
(iii) options for applicant and project eligibility criteria, application review and selection processes, funding disbursement, and other potential policies, procedures, or guidelines;
The work group shall complete its meetings by November 30, 2024, and the Department shall submit to the Division of Legislative Automated Systems an executive summary and report of its assessment no and report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.
and (iv) prioritizing certain public infrastructure projects, including those that support residential developments in localities that have implemented measures to reduce local regulatory barriers to new development.
The work group shall be composed of representatives from local government and individuals with expertise in single-family and multifamily land development and construction, real estate finance, infrastructure development, or other areas of expertise deemed appropriate by the Department.
All agencies of the Commonwealth shall provide assistance to the Department and the work group, upon request.
The work group shall complete its meetings by November 30, 2024, and the Department shall submit to the Division of Legislative Automated Systems an executive summary and report of its assessment no later than the first day of the 2025 Regular Session of the General Assembly.
The executive summary and report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.
View plain text versions (4)

Action History

  1. Acts of Assembly Chapter text (CHAP0509)

  2. Approved by Governor-Chapter 509 (effective 7/1/24)

  3. Governor's Action Deadline 11:59 p.m., April 8, 2024

  4. Enrolled Bill Communicated to Governor on March 11, 2024

  5. Signed by President

  6. Signed by Speaker

  7. Impact statement from DPB (SB489ER)

  8. Bill text as passed Senate and House (SB489ER)

  9. Enrolled

  10. VOTE: Passage (83-Y 15-N)

  11. Passed House (83 -Y 15-N)

  12. Read third time

  13. Read second time

  14. Reported from Appropriations (22-Y 0-N)

  15. Referred to Committee on Appropriations

  16. Reported from Rules (16-Y 0-N)

  17. Subcommittee recommends referring to Committee on Appropriations

  18. Subcommittee recommends reporting (6-Y 0-N)

  19. Assigned Rules sub: Studies Subcommittee

  20. Referred to Committee on Rules

  21. Read first time

  22. Placed on Calendar

  23. Impact statement from DPB (SB489S1)

  24. Passed Senate (40-Y 0-N)

  25. Constitutional reading dispensed (40-Y 0-N)

  26. Engrossed by Senate - committee substitute SB489S1

  27. Committee substitute agreed to 24107368D-S1

  28. Reading of substitute waived

  29. Committee amendment rejected

  30. Read second time

  31. Constitutional reading dispensed (40-Y 0-N)

  32. Committee substitute printed 24107368D-S1

  33. Reported from Finance and Appropriations with substitute (15-Y 0-N)

  34. Rereferred to Finance and Appropriations

  35. Reported from Rules with amendment (14-Y 0-N)

  36. Senate committee, floor amendments and substitutes offered

  37. Impact statement from DPB (SB489)

  38. Referred to Committee on Rules

  39. Prefiled and ordered printed; offered 01/10/24 24104962D

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 147 not signed on · 15 voted No

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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

VOTE: Passage (83-Y 15-N)

Passed 82 Yea · 15 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 821502
Total 821502
% of votes cast 83%15%0%2%
How each member voted (99)
Member Party Vote
Adele Y. McClure — Yea
Alex Q. Askew — Yea
Alfonso H. Lopez — Yea
Amy J. Laufer — Yea
Anne Ferrell Tata — Yea
Arnold, Jonathan, E. P. — Not Voting
Atoosa R. Reaser — Yea
Batten, Amanda E. — Yea
Betsy B. Carr — Yea
Bill Wiley — Yea
Bonita G. Anthony — Yea
Briana D. Sewell — Yea
Bulova, David L. — Yea
C.E. Cliff Hayes, Jr. — Yea
Charniele L. Herring — Yea
Chris S. Runion — Yea
Convirs-Fowler, Kelly K. — Yea
Cordoza, A.C. — Yea
Coyner, Carrie E. — Yea
Dan I. Helmer — Yea
David A. Reid — Yea
Debra D. Gardner — Yea
Delores L. McQuinn — Yea
Delores Oates — Nay
Earley, Mark L., Jr. — Yea
Elizabeth B. Bennett-Parker — Yea
Ellen H. McLaughlin — Yea
Ennis, N. Baxter — Yea
Eric Phillips — Yea
Eric R. Zehr — Nay
Fowler, Hyland F."Buddy," Jr. — Nay
Freitas, Nicholas J. — Nay
Gilbert, C. Todd — Nay
Green, W. Chad — Yea
H. Otto Wachsmann, Jr. — Yea
Higgins, Geary — Not Voting
Holly M. Seibold — Yea
Irene Shin — Yea
Israel D. O'Quinn — Yea
Jackie H. Glass — Yea
James A. "Jay" Leftwich — Yea
James W. Morefield — Yea
Jason S. Ballard — Yea
Jeion A. Ward — Yea
Joseph P. McNamara — Nay
Joshua E. Thomas — Yea
Joshua G. Cole — Yea
Kannan Srinivasan — Yea
Karen Keys-Gamarra — Yea
Karrie K. Delaney — Yea
Kathy K.L. Tran — Yea
Katrina Callsen — Yea
Kent, Hillary Pugh — Yea
Knight, Barry D. — Yea
Laura Jane Cohen — Yea
LeVere Bolling, Destiny — Yea
Lovejoy, Ian T. — Yea
Luke E. Torian — Yea
M. Keith Hodges — Nay
Maldonado, Michelle Lopes — Yea
Marcia S. "Cia" Price — Yea
Marcus B. Simon — Yea
Marshall, Daniel W., III — Yea
Marty Martinez — Yea
Michael B. Feggans — Yea
Michael J. Jones — Yea
Michael J. Webert — Nay
Mike A. Cherry — Yea
Milde, Paul V. — Nay
Mundon King, Candi — Yea
Nadarius E. Clark — Yea
Obenshain, Chris — Yea
Orrock, Robert D., Sr. — Nay
Owen, David — Yea
Patrick A. Hope — Yea
Paul E. Krizek — Yea
Phil M. Hernandez — Yea
Phillip A. Scott — Nay
R. Lee Ware — Yea
Rae Cousins — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Robert S. Bloxom, Jr. — Yea
Rodney T. Willett — Yea
Rozia A. Henson, Jr. — Yea
Sam Rasoul — Yea
Scott A. Wyatt — Nay
Shelly A. Simonds — Yea
Sickles, Mark D. — Yea
Taylor, Kim A. — Yea
Terry G. Kilgore — Yea
Terry L. Austin — Yea
Thomas A. Garrett, Jr. — Nay
Thomas C. Wright, Jr. — Nay
Timothy P. Griffin — Nay
Tony O. Wilt — Yea
Vivian E. Watts — Yea
Wendell S. Walker — Yea
Will Davis — Yea
Wren M. Williams — Yea

Official roll call →

Passed 22 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 22000
Total 22000
% of votes cast 100%0%0%0%
How each member voted (22)

Official roll call →

Reported from Rules (16-Y 0-N)

Passed 16 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 16002
Total 16002
% of votes cast 89%0%0%11%
How each member voted (18)
Member Party Vote
Betsy B. Carr — Yea
C.E. Cliff Hayes, Jr. — Yea
Charniele L. Herring — Yea
Coyner, Carrie E. — Yea
Dan I. Helmer — Yea
Don Scott — Yea
Gilbert, C. Todd — Not Voting
Israel D. O'Quinn — Yea
Jeion A. Ward — Not Voting
Kathy K.L. Tran — Yea
Luke E. Torian — Yea
Marcus B. Simon — Yea
Michael J. Webert — Yea
Richard C. "Rip" Sullivan, Jr. — Yea
Sickles, Mark D. — Yea
Terry G. Kilgore — Yea
Terry L. Austin — Yea
Vivian E. Watts — Yea

Official roll call →

Passed Senate (40-Y 0-N)

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)

Official roll call →

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)

Official roll call →

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 40000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)

Official roll call →

Passed 15 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 15000
Total 15000
% of votes cast 100%0%0%0%
How each member voted (15)

Official roll call →

Passed 14 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 14001
Total 14001
% of votes cast 93%0%0%7%
How each member voted (15)
Member Party Vote
Aaron R. Rouse — Yea
Barbara A. Favola — Yea
David W. Marsden — Yea
Ebbin, Adam P. — Yea
Hashmi, Ghazala F. — Yea
Jennifer B. Boysko — Yea
Jeremy S. McPike — Not Voting
L. Louise Lucas — Yea
Mamie E. Locke — Yea
Mark J. Peake — Yea
R. Creigh Deeds — Yea
Richard H. Stuart — Yea
Ryan T. McDougle — Yea
Scott A. Surovell — Yea
Todd E. Pillion — Yea

Official roll call →

Subjects

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Frequently asked questions

What does SB 489 do?
Department of Housing and Community Development; Virginia residential development infrastructure fund; work group; report. Directs the Department of Housing and Community Development to convene a work group to assess the feasibility of and options for establishing a Virginia residential development infrastructure fund. The bill directs the work group to submit a report of its assessment to the General Assembly no later than the first day of the 2025 Regular Session.
Who sponsors SB 489?
SB 489 is sponsored by Jennifer D. Carroll Foy.
What is the current status of SB 489?
This bill has been enacted into law. Introduced January 09, 2024. Enacted.
Where can I track SB 489?
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