Virginia · Senate Bill 705 · 2026 Regular Session

Regulatory Budget Program; established, report.

  1. Introduced Jan 14, 2026
  2. In committee Jan 14, 2026
  3. Failed  
  4. Passed the House of Delegates  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Department of Planning and Budget; Regulatory Budget Program established; report. Directs the Department of Planning and Budget to establish a Regulatory Budget Program under which each executive branch agency subject to the Administrative Process Act shall reduce overall regulatory requirements by 25 percent by January 1, 2029. The bill requires the Department to report to the Speaker of the House of Delegates and…

Read the full title (140 words)

Department of Planning and Budget; Regulatory Budget Program established; report. Directs the Department of Planning and Budget to establish a Regulatory Budget Program under which each executive branch agency subject to the Administrative Process Act shall reduce overall regulatory requirements by 25 percent by January 1, 2029. The bill requires the Department to report to the Speaker of the House of Delegates and the Chair of the Senate Committee on Rules on the status of the Program no later than October 1 of each year, beginning October 1, 2026. Finally, the bill provides that the Department, in consultation with the Office of the Attorney General and the Registrar of Regulations, shall issue guidance for agencies regarding the Program and how an agency can comply with the requirements of the Program. The bill has an expiration date of January 1, 2029.

Every action

4 steps, oldest first, as the legislature records them.

  1. SenatePrefiled and ordered printed; Offered 01-14-2026 26101968D
  2. CommitteeReferred to Committee on Finance and Appropriations · Senate Finance and Appropriations
  3. SenateFiscal Impact Statement from Department of Planning and Budget (SB705)
  4. CommitteePassed by indefinitely in Finance and Appropriations (10-Y 5-N) · Senate Finance and Appropriations10–5 vote

Roll calls

1 recorded vote: 0 on the floor, 1 in committee. Each shows how every member voted.

Committee votes

DateWhereQuestionResult
Feb 3, 2026 Senate Finance and Appropriations Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
Members

Yes · 10

No · 5

Passed 10–5

Sponsors

The member who introduced it.

From Virginia's official records (lis.blob.core.windows.net), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.