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Virginia · 2025 Regular Session · Bill

HB 2243: Uniform Trust Code; expands certain specific powers of trustee.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 2243 is a bill introduced in the Virginia House on January 7, 2025. According to its official title, it concerns: Uniform Trust Code; expands certain specific powers of trustee. Primary sponsor: Rae Cousins (Democratic). Most recent recorded action (March 19, 2025): Acts of Assembly Chapter text (CHAP0165).

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Uniform Trust Code; specific powers of trustee. Expands certain specific powers conferred to a trustee, including the power to guarantee loans, the power to pledge trust property to guarantee loans, the exercise of certain powers with respect to an interest in real property, and the exercise of certain powers relating to stocks and other securities.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Rae CousinsPrimary sponsorDemocraticHouse79

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Acts of Assembly Chapter text (CHAP0165)
  2. Approved by Governor-Chapter 165 (Effective 07/01/25)
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025
  4. Enrolled Bill communicated to Governor on March 3, 2025
  5. Signed by President
  6. Signed by Speaker
  7. Bill text as passed House and Senate (HB2243ER)
  8. Enrolled
  9. Passed Senate (39-Y 0-N)
  10. Read third time
  11. Passed by for the day
  12. Constitutional reading dispensed (on 2nd reading) (36-Y 0-N)

Showing 12 most recent of 25 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source