HB 725 Virginia House of Delegates · 2026 Regular Session

Financial services; open-end credit plans, promotional annual percentage rates.

Summary
Financial services; open-end credit plans; promotional annual percentage rates. Requires any creditor that permits a consumer to apply more than one promotional annual percentage rate to an open-end credit contract or plan to apply any payment made by the consumer to the promotional balance, as defined in the bill, with the earliest expiration date unless otherwise expressly agreed in writing by the parties.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026 Last action Feb 18, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
3
Jan 27, 2026
Lower · Passed
Subcommittee recommends striking from the docket (9-Y 0-N)
lower
Jan 22, 2026
Committee
Assigned HCL sub: Subcommittee #1
lower
Jan 13, 2026
Committee
Referred to Committee on Labor and Commerce
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jay Leftwich
Jay Leftwich
RRepublican
VA
90