HB 1309

Virginia House of Delegates bill in Session 2026.

Status: enacted. Latest action: April 8, 2026.

Consumer finance companies; additional charges.

Bill ID VA-2026-HB-1309
Session 2026
Status enacted
Committee Labor and Commerce; Commerce and Labor
House of Delegates enacted 2026-04-08
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 Acts of Assembly Chapter text (CHAP0464)
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