ChamberRVA acknowledges Governor Abigail Spanberger’s measured, business-focused approach to SB 271 / HB 483.

The amendment pauses implementation of the Maximum Fair Price provisions by requiring re-enactment in 2027, allowing additional time to assess potential impacts on innovation, investment, and the broader business climate.

It also calls for further review by the Advisory Panel, the Office of the Attorney General, and the State Corporation Commission, with findings to be reported by December 2026.

This approach emphasizes careful analysis on a complex policy issue. ChamberRVA continues to support efforts that expand affordability and access while maintaining the Commonwealth’s strong environment for business growth, investment, and innovation.