2025 Regular SessionVirginia Legislature

HB2359: Commonwealth of Virginia Higher Educational Institutions Bond Act of 2025; created.

Legislative Summary

Bonds for public institutions of higher learning; emergency. Authorizes issuance of bonds in an amount up to $206,085,243 for revenue-producing capital projects at James Madison University and The College of William and Mary in Virginia. The bill contains an emergency clause and is identical to SB 1121.

Demographic Impact

Overall analysis of equity impact

80% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/8/2025
Prefiled and ordered printed with emergency clause; Offered 01-08-2025 25100774D
House of Delegates
1/8/2025
Prefiled and ordered printed with emergency clause; Offered 01-13-2025 25100774D
House of Delegates
1/8/2025
Referred to Committee on Appropriations
House of Delegates
1/8/2025
Introduced bill reprinted 25100774D
House of Delegates
1/18/2025
Assigned Approps sub: General Government and Capital Outlay
House of Delegates
1/20/2025
Subcommittee recommends reporting (8-Y 0-N)
House of Delegates
1/22/2025
Reported from Appropriations (22-Y 0-N)
House of Delegates
1/24/2025
Read first time
House of Delegates
1/27/2025
Read second time and engrossed
House of Delegates
1/28/2025
Read third time and passed House (99-Y 0-N)
House of Delegates
1/29/2025
Constitutional reading dispensed (on 1st reading)
Senate
1/29/2025
Referred to Committee on Finance and Appropriations
Senate
2/5/2025
Reported from Finance and Appropriations (13-Y 0-N)
Senate
2/6/2025
Rules suspended
Senate
2/6/2025
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
Senate
2/6/2025
Passed by for the day
Senate
2/7/2025
Read third time
Senate
2/7/2025
Passed Senate (39-Y 0-N)
Senate
2/10/2025
Enrolled
House of Delegates
2/10/2025
Bill text as passed House and Senate (HB2359ER)
House of Delegates
2/10/2025
Fiscal Impact Statement from Department of Planning and Budget (HB2359)
House of Delegates
2/10/2025
Signed by Speaker
House of Delegates
2/13/2025
Signed by President
Senate
2/18/2025
Enrolled Bill communicated to Governor on February 18, 2025
House of Delegates
2/18/2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
3/18/2025
Approved by Governor-Chapter 35 (Effective 03/18/25)
3/18/2025
Acts of Assembly Chapter text (CHAP0035)

Roll Call Votes

Passed Senate (39-Y 0-N)
2/7/2025
39
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
2/6/2025
40
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Reported from Finance and Appropriations (13-Y 0-N)
2/5/2025
13
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
Read third time and passed House (99-Y 0-N)
1/28/2025
99
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Reported from Appropriations (22-Y 0-N)
1/22/2025
22
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Subcommittee recommends reporting (8-Y 0-N)
1/20/2025
8
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Passed(3/18/2025)
Chamber
House of Delegates

Sponsors

Democrat: 1

Primary Sponsor

Luke Torian
Luke Torian
Democrat

Documents

Chaptered
Bill Text3/18/202520.7 KB
Enrolled
Bill Text2/10/202524.9 KB
Introduced
Bill Text1/8/202525.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis2/10/2025110.5 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/13/2025110.1 KB