Bill Commons

VA SB 507

Status unknown

Virginia retirement systems; investments in companies with elected official interests.

Virginia · 2026 Regular Session · upper

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Quick answers

Did VA SB 507 pass?

The current status of VA SB 507 is not known from the official record. Latest recorded action (2026-01-28): Passed by indefinitely in Finance and Appropriations (13-Y 0-N)

What is VA SB 507 about?

Virginia retirement system; investments in companies with elected official interests. Prohibits investments by the Virginia Retirement System and local retirement systems in (i) companies with a majority ownership interest held by those holding elected federal positions or (ii) in investment funds with holdings of such companies in their portfolios on and after January 1, 2027, unless such investments or holdings are held in a blind trust established pursuant to federal law.

Who sponsors VA SB 507?

Jeremy S. McPike is the primary sponsor of VA SB 507.

Description

Virginia retirement system; investments in companies with elected official interests. Prohibits investments by the Virginia Retirement System and local retirement systems in (i) companies with a majority ownership interest held by those holding elected federal positions or (ii) in investment funds with holdings of such companies in their portfolios on and after January 1, 2027, unless such investments or holdings are held in a blind trust established pursuant to federal law.

Introduced
2026-01-13
Latest action
2026-01-28 — Passed by indefinitely in Finance and Appropriations (13-Y 0-N)
Bill type
bill
Last updated
—

Sponsors

  • Jeremy S. McPikeprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-01-28

    Passed by indefinitely in Finance and Appropriations (13-Y 0-N)

    deferral

  2. 2026-01-27

    Fiscal Impact Statement from Virginia Retirement System (SB507)

  3. 2026-01-13

    Referred to Committee on Finance and Appropriations

    referral-committee

  4. 2026-01-13

    Prefiled and ordered printed; Offered 01-14-2026 26104876D

    filing,introduction

Versions

Documents

Votes

  • Passed by indefinitely in Finance and Appropriations

    2026-01-28 · pass · 13-0

    Member-level votes (15)
    • L. Louise Lucas: yes
    • R. Creigh Deeds: yes
    • Mamie E. Locke: yes
    • David W. Marsden: not voting
    • Adam P. Ebbin: yes
    • Ryan T. McDougle: yes
    • Mark D. Obenshain: yes
    • Richard H. Stuart: yes
    • Bryce E. Reeves: not voting
    • Barbara A. Favola: yes
    • Scott A. Surovell: yes
    • Jeremy S. McPike: yes
    • Jennifer B. Boysko: yes
    • Todd E. Pillion: yes
    • Aaron R. Rouse: yes

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/SB507

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

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