VA SB 629
Status unknownFirst-time home buyer savings plan; townhouses, principal limits.
Virginia · 2026 Regular Session · upper
Quick answers
Did VA SB 629 pass?
The current status of VA SB 629 is not known from the official record. Latest recorded action (2026-02-10): Continued to next session in Finance and Appropriations (15-Y 0-N)
What is VA SB 629 about?
First-time home buyer savings plan; townhouses; principal limits. Includes townhouses in the definition of single-family residence for purposes of the First-Time Home Buyer Savings Plan Act. The bill also increases (i) the aggregate amount of principal that can be contributed to a first-time home buyer savings account from $50,000 to $100,000 and (ii) the limit on the amount of principal and interest or other income on the principal that may be retained in such an account from $150,000 to $200,000.
Who sponsors VA SB 629?
Kannan Srinivasan is the primary sponsor of VA SB 629.
Description
First-time home buyer savings plan; townhouses; principal limits. Includes townhouses in the definition of single-family residence for purposes of the First-Time Home Buyer Savings Plan Act. The bill also increases (i) the aggregate amount of principal that can be contributed to a first-time home buyer savings account from $50,000 to $100,000 and (ii) the limit on the amount of principal and interest or other income on the principal that may be retained in such an account from $150,000 to $200,000.
- Introduced
- 2026-01-14
- Latest action
- 2026-02-10 — Continued to next session in Finance and Appropriations (15-Y 0-N)
- Bill type
- bill
- Last updated
- —
Sponsors
- Kannan Srinivasanprimary
Committees
Not provided by source.
Action timeline
2026-01-14
Prefiled and ordered printed; Offered 01-14-2026 26105091D
filing,introduction
2026-01-14
Referred to Committee on General Laws and Technology
referral-committee
2026-01-23
Fiscal Impact statement From TAX (1/23/2026 2:35 pm)
2026-01-28
Assigned GL&T sub: Housing
referral-committee
2026-01-28
Senate subcommittee amendments offered
2026-02-04
Senate committee amendments offered
2026-02-04
Reported from General Laws and Technology with amendments and rereferred to Finance and Appropriations (12-Y 2-N 1-A)
committee-passage
2026-02-10
Continued to next session in Finance and Appropriations (15-Y 0-N)
Versions
Documents
Votes
Reported from General Laws and Technology with amendments
2026-02-04 · pass · 12-2
Member-level votes (15)
- Adam P. Ebbin: yes
- Mamie E. Locke: yes
- Bryce E. Reeves: abstain
- Jeremy S. McPike: yes
- Todd E. Pillion: yes
- Aaron R. Rouse: yes
- Christopher T. Head: no
- Emily M. Jordan: yes
- Lashrecse D. Aird: yes
- Schuyler T. VanValkenburg: yes
- Danica A. Roem: yes
- Jennifer D. Carroll Foy: yes
- Timmy French: no
- Christie New Craig: yes
- Angelia Williams Graves: yes
Continued to next session in Finance and Appropriations
2026-02-10 · pass · 15-0
Member-level votes (15)
- L. Louise Lucas: yes
- R. Creigh Deeds: yes
- Mamie E. Locke: yes
- David W. Marsden: yes
- Adam P. Ebbin: yes
- Ryan T. McDougle: yes
- Mark D. Obenshain: yes
- Richard H. Stuart: yes
- Bryce E. Reeves: yes
- 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
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=VA&identifier=SB 629. See the API docs or the MCP server for AI assistants.
Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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