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SB 375 Passed First Chamber

Virginia College Opportunity Fund; established, reports.

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Finance and Appropriations Substitute — · 12.6K words Open full page ↗

2026 SESSION

SENATE SUBSTITUTE

26108035D

SENATE BILL NO. 375

AMENDMENT IN THE NATURE OF A SUBSTITUTE

(Proposed by the Senate Committee on Finance and Appropriations

on February 12, 2026)

(Patron Prior to Substitute—Senator Surovell)

A BILL to amend and reenact §§ 2.2-3711 , as it is currently effective and as it shall become effective, 23.1-700 , 23.1-701 , 23.1-704 , and 23.1-706 of the Code of Virginia and to amend the Code of Virginia by adding in Chapter 2 of Title 23.1 an article numbered 5, consisting of sections numbered 23.1-235 and 23.1-236 , and by adding a section numbered 23.1-707.2 , relating to Commonwealth Savers Plan; Virginia College Opportunity Fund established; report.

Be it enacted by the General Assembly of Virginia:

1. That §§ 2.2-3711 , as it is currently effective and as it shall become effective, 23.1-700 , 23.1-701 , 23.1-704 , and 23.1-706 of the Code of Virginia are amended and reenacted and that the Code of Virginia is amended by adding in Chapter 2 of Title 23.1 an article numbered 5, consisting of sections numbered 23.1-235 and 23.1-236 , and by adding a section numbered 23.1-707.2 as follows:

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