SB 565: Virginia Contractor Transaction Recovery Fund; claim limits, license threshold amounts.

Summary

Virginia Contractor Transaction Recovery Fund; claim limits; license threshold amounts. Expands the scope of Chapters 127 and 133 of the Acts of Assembly of 2025, which increased certain claim limits and license threshold amounts, to apply to any claimant who filed a verified claim with the Director of the Department of Professional and Occupational Regulation on or after June 6, 2024, for recovery from the Virginia Contractor Transaction Recovery Fund and whose claim was thereafter approved by the Board for Contractors.

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Apr 8, 2026

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