Virginia · 2026 Regular Session · Bill
SB 705: Regulatory Budget Program; established, report.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 705 is a bill introduced in the Virginia Senate on January 14, 2026. According to its official title, it concerns: Regulatory Budget Program; established, report. Primary sponsor: Tara Durant (Republican). Most recent recorded action (February 3, 2026): Passed by indefinitely in Finance and Appropriations (10-Y 5-N).
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.
Department of Planning and Budget; Regulatory Budget Program established; report. Directs the Department of Planning and Budget to establish a Regulatory Budget Program under which each executive branch agency subject to the Administrative Process Act shall reduce overall regulatory requirements by 25 percent by January 1, 2029. The bill requires the Department to report to the Speaker of the House of Delegates and the Chair of the Senate Committee on Rules on the status of the Program no later than October 1 of each year, beginning October 1, 2026. Finally, the bill provides that the Department, in consultation with the Office of the Attorney General and the Registrar of Regulations, shall issue guidance for agencies regarding the Program and how an agency can comply with the requirements of the Program. The bill has an expiration date of January 1, 2029.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tara Durant | Primary sponsor | Republican | Senate | 27 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Finance and Appropriations (10-Y 5-N)
- Fiscal Impact Statement from Department of Planning and Budget (SB705)
- Referred to Committee on Finance and Appropriations
- Prefiled and ordered printed; Offered 01-14-2026 26101968D