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HB 1309

Virginia - Session 2026

House of Delegates enacted 2026-04-08
Insurance / Consumer Protection
Bill Details

Title: Consumer finance companies; additional charges.

Summary

Consumer finance companies; additional charges. Provides that, for the purposes of the prohibition on additional charges by consumer finance companies, exceptions to such prohibition include (i) charges for guaranteed asset protection waivers for the protection and benefit of the borrower in connection with any loan and (ii) charges for guaranteed asset protection insurance for the protection and benefit of the borrower in connection with any loan.

Sponsor
Ballard
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-16 Introduced Bill introduced
2026-04-08 Status enacted
2026-04-08 Latest Action Approved by Governor-Chapter 464 (effective 7/1/2026)
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