Virginia Disposition of Unclaimed Property Act; definitions, digital assets.
Summary
This bill establishes rules for how Virginia handles unclaimed digital financial assets, creating a legal framework for their treatment and disposition. The legislation defines what constitutes digital assets under Virginia's unclaimed property laws and sets out requirements for how these assets should be managed. The bill affects businesses and financial institutions that hold digital assets on behalf of customers, as well as individuals whose digital assets may be classified as unclaimed property.
Sponsor
Last action
Approved by Governor-Chapter 669 (effective 7/1/2026)
Apr 13, 2026
Topics
Legislative history
Approved by Governor-Chapter 669 (effective 7/1/2026)
Enrolled Bill communicated to Governor on March 14, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Signed by Speaker
Enrolled
Bill text as passed House and Senate (HB798ER)
Fiscal Impact Statement from Department of Planning and Budget (HB798)
Signed by President
Read third time
Passed Senate (40-Y 0-N 0-A)
Reported from Finance and Appropriations (14-Y 0-N)
Rules suspended
Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)
Passed by for the day (Voice Vote)
Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)
Constitutional reading dispensed (on 1st reading)
Referred to Committee on General Laws and Technology
Fiscal Impact Statement from Department of Planning and Budget (HB798)
Read third time and passed House (96-Y 2-N 0-A)
Read second time
committee substitute agreed to
Engrossed by House - committee substitute
Read first time
House committee offered
Reported from Communications, Technology and Innovation with substitute (21-Y 1-N)
Committee substitute printed 26105592D-H1
Fiscal Impact Statement from Department of Planning and Budget (HB798)
Prefiled and ordered printed; Offered 01-14-2026 26102629D
Referred to Committee on Communications, Technology and Innovation