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VA HB1166
Bill
Status
Engrossed
2/10/2026
Primary Sponsor
Stacey Annie Carroll
Click for details
AI Summary
- Amends Virginia Code § 6.2-2103 governing check casher registration requirements with the State Corporation Commission
- Establishes automatic expiration of check casher registrations by operation of law if the annual registration fee is not paid by July 1 of each year
- Maintains the existing $200 non-refundable initial registration fee and annual registration fee of up to $250
- Changes terminology from "check cashers required to be registered" to "each registrant" for consistency
- Takes effect January 1, 2027
Legislative Description
Financial institutions; check cashers, expiration of registration.
Last Action
Passed Senate Block Vote (40-Y 0-N 0-A)
3/11/2026
Committee Referrals
Commerce and Labor2/12/2026
Labor and Commerce: Subcommittee #11/27/2026
Labor and Commerce1/14/2026
Full Bill Text
No bill text available