summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Regular Session
Bill Summary
Campaign finance; prohibited contributions to candidates. Prohibits candidates, campaign committees, and political committees from soliciting or accepting contributions from any public utility, as defined in relevant law, and prohibits any public utility or political action committee established by such public utility from making any such contribution. The bill also provides that its provisions shall not be construed to prohibit the solicitation or acceptance of contributions from a political action committee established by the employees of a public utility. Under the bill, such political action committee may be administered by the public utility so long as no general treasury funds of the public utility are used for the purposes of making contributions to any candidate, campaign committee, or political committee.
AI Summary
This bill prohibits candidates, their campaign committees, and political committees from asking for or accepting money from any public utility, which is defined as a company providing essential services like electricity or water, including its parent or subsidiary companies. It also prevents public utilities and any political action committees they establish from donating to these candidates or committees. However, the bill makes an exception for political action committees formed by the employees of a public utility, allowing them to contribute as long as the public utility does not use its general treasury funds to make those contributions, even if the utility helps administer the employee committee.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Failed to report (defeated) in Privileges and Elections (7-Y 7-N 1-A) (on 02/10/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/SB502 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB502) | https://lis.blob.core.windows.net/files/1101923.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB502/text/SB502 |
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