Bill > SB204

This bill modifies the rules for special license plates issued to members of Virginia REALTORS, a professional organization for real estate agents. Previously, these plates were issued under a general section for occupational associations, but this bill creates a new, specific section for Virginia REALTORS plates. The key change is that a portion of the annual fee for these special plates, specifically $15 out of the $25 additional fee, will now be directed to a special fund called the Virginia REALTORS Disaster Relief Fund. This fund is intended to provide financial aid to Virginians who have experienced financial losses due to natural or man-made disasters. The bill also clarifies that existing Virginia REALTORS special license plates issued before July 1, 2026, will remain valid until their expiration date and can then be renewed under the new provisions.

Budget and Finance, Transportation and Infrastructure

https://lis.virginia.gov/bill-details/20261/SB204