SB 507

Virginia Senate bill in Session 2026.

Status: failed. Latest action: January 28, 2026.

Virginia retirement systems; investments in companies with elected official interests.

Bill ID VA-2026-SB-507

Session 2026

Status failed

Committee Finance and Appropriations

Senate failed 2026-01-28

Summary

Virginia retirement system; investments in companies with elected official interests. Prohibits investments by the Virginia Retirement System and local retirement systems in (i) companies with a majority ownership interest held by those holding elected federal positions or (ii) in investment funds with holdings of such companies in their portfolios on and after January 1, 2027, unless such investments or holdings are held in a blind trust established pursuant to federal law.

Sponsor

McPike

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
0000-00-00	Status	failed
2026-01-13	Introduced	Bill introduced
2026-01-28	Latest Action	S Passed by indefinitely in Finance and Appropriations (13-Y 0-N)

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