States / Virginia / HB 725

HB 725 In Committee

Financial services; open-end credit plans, promotional annual percentage rates.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Financial services; open-end credit plans; promotional annual percentage rates. Requires any creditor that permits a consumer to apply more than one promotional annual percentage rate to an open-end credit contract or plan to apply any payment made by the consumer to the promotional balance, as defined in the bill, with the earliest expiration date unless otherwise expressly agreed in writing by the parties.

Chamber
House
Introduced
Jan 13, 2026
Last action
Feb 18, 2026 — Left in Labor and Commerce
Session
2026
Momentum
29 · Low