SB 1250 Virginia Senate · 2025 Regular Session

Transportation Trust Fund; extends limitation on personal liability for loss in investments.

Summary

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.

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

Senate Passage

Feb 2025

House of Delegates Passage

Feb 2025

Signed into Law

Mar 2025

Introduced Jan 8, 2025 Signed Mar 24, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Enrolled → Chaptered · 3 edits

MINOR

This bill marks the final chaptering of SB 1250, converting the enrolled legislation into official Virginia Acts of Assembly. The substantive content of the Transportation Trust Fund provisions remains unchanged from the enrolled version, with only formatting adjustments and chapter numbering added.

Scope change

No substantive scope changes; the bill's applicability to the Transportation Trust Fund administration and investment rules remains identical to the enrolled version.

TECHNICAL

Added chapter header information (Chapter 471) and approval date (March 24, 2025) to finalize the bill as official law.

Reformatted text layout with proper spacing and line breaks for the official chaptered version.

Removed draft session headers and formatting markers used during the legislative process.

Floor votes · Senate Jan 20, 2025 · House of Delegates Feb 11, 2025

How they voted

40–0

Passed

Total votes 40

Jan 20, 2025

D Democratic21

21 Yea

100% Yea

R Republican19

19 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 24, 2025

Signed into law

Approved by Governor-Chapter 471 (Effective 07/01/25)

executive

Feb 16, 2025

Upper · Passed

Signed by President

upper

Feb 13, 2025

Lower · Passed

Signed by Speaker

lower

Feb 13, 2025

Upper · Passed

Bill text as passed Senate and House (SB1250ER)

upper

Feb 11, 2025

Lower · Passed

Passed House (94-Y 0-N)

lower

Feb 6, 2025

Lower · Passed

Reported from Transportation (20-Y 0-N)

lower

Feb 4, 2025

Committee

Referred to Committee on Transportation

lower

Jan 22, 2025

Upper · Passed

Read third time and passed Senate (40-Y 0-N)

upper

Jan 20, 2025

Upper · Passed

Passed by for the day

upper

Jan 16, 2025

Upper · Passed

Reported from Transportation (14-Y 0-N)

upper

Jan 8, 2025

Committee

Referred to Committee on Transportation

upper

1 primary · 0 co-sponsors