Prescription drug price transparency; pharmacy services administrative organizations. Requires pharmacy services administrative organizations to submit information on reimbursement rates and fees to the nonprofit data services organization that contracts with the Department of Health to provide prescription drug price transparency information. Under the bill, a pharmacy services administrative organization that solely generates revenue from charging flat service fees to pharmacies and does not charge pharmacies for services based on prescription drug prices or volume is exempt from submitting such information.

Crimes against nature; taking indecent liberties with children; penalties. Adds "nephew or niece" and "uncle or aunt" to the offense of crimes against nature and adds "uncle or aunt" as the perpetrator and "nephew or niece" as the victim to the offense of taking indecent liberties with children.

Fire Programs Fund; aid to localities; requirement for emergency incidents reporting. Requires that, in order to remain eligible for funding from the Fire Programs Fund, a locality must report all emergency incidents through the National Emergency Response Information System while sharing such emergency incident data with the Department of Fire Programs. The bill has a delayed effective date of July 1, 2026. This bill is identical to SB 1282.

School crossing zones; institutions of higher education. Expands the definition of "school crossing zone" to include areas surrounding schools where the presence of students reasonably requires a special warning to motorists and provides that the term "school" includes public institutions of higher education and nonprofit private institutions of higher education. Currently, the definition of "school crossing zone" includes only areas surrounding schools where the presence of children requires such warning. The existing provisions of law allowing photo speed monitoring devices to be installed in school crossing zones will apply to any location that meets such expanded definition.

Exchange of items on roadways; ability of localities to prohibit. Authorizes localities to prohibit by ordinance the exchange or attempted exchange of any item between a pedestrian and the occupant of a motor vehicle located on a roadway in such locality, subject to certain exceptions. The bill provides that a violation of any such ordinance may be made punishable by a fine of not more than $50.

Virginia Commonwealth University Health System Authority; board of directors; chief executive officer. Makes several changes relating to the board of directors and the chief executive officer of the Virginia Commonwealth University Health System Authority (the Authority), including (i) reducing from 19 to 13 the number of appointed members on the board of directors and adding the chief executive officer of the Authority as an ex officio member with voting privileges, thereby reducing from 21 to 16 the total number of board members; (ii) changing from voting to nonvoting the nature of the membership of the President of Virginia Commonwealth University (the University) on the board of directors and prohibiting rather than requiring, as under current law, the President of the University from serving as chairman of the board of directors; (iii) lengthening the terms of all members of the board of directors from three years to four years; (iv) adding demonstrated experience or expertise in finance or commercial real estate as options for satisfying the required qualifications for certain appointed members and requiring each enumerated area of demonstrated experience or expertise to be represented amongst such appointed members at any given time; (v) requiring the biennial election of a chairman and vice-chairman of the board of directors, requiring such chairman and vice-chairman to have served for at least two years on the board of directors, and prohibiting any employee of the University, employee of the Authority, member of the board of visitors of the University, or legislative member from serving as chairman; (vi) prohibiting rather than permitting, as under current law, the Senior Vice-President for Health Sciences of the University from serving as chief executive officer of the Authority but requiring the Senior Vice-President for Health Sciences to regularly communicate and collaborate with such chief executive officer to support the mutual interests and success of the University and the Authority; (vii) providing that no further action shall be taken if a majority of each of the three-member committees appointed by the board of directors of the Authority and the board of visitors of the University do not agree on the removal of the chief executive officer of the Authority within 30 days of the appointment of the committees by each board; and (viii) providing that in the event that a majority of the members of each committee do not agree on the selection or conditions of appointment of the chief executive officer within 30 days of the appointment of the committees by each board, then the process set forth in statute shall be repeated until such selection has been made or such conditions of appointment have been determined. Current law requires the President of the University to make a binding decision in the event of any such disagreement. This bill is identical to SB 1259.

Public institutions of higher education; student exchange programs; tuition and mandatory fee waivers; conditions. Clarifies that tuition and mandatory fees may be waived for a student from a foreign country enrolled in a public institution of higher education through a formalized student exchange program between such institution and another institution of higher education, provided that the number of full-time equivalent inbound students from a foreign country for whom tuition and mandatory fees has been waived does not exceed during any three-year period the number of full-time equivalent outbound students who are enrolled through such student exchange program and who pay full tuition and mandatory fees to the institution. Current law permits tuition and mandatory fees to be waived for a student from a foreign country enrolled in a public institution of higher education through a student exchange program approved by such institution, provided that the number of students from a foreign country for whom tuition and mandatory fees has been waived does not exceed during any three-year period the number of students from a foreign country who are enrolled through such student exchange program and who pay full tuition and mandatory fees to the institution. This bill is identical to SB 1229.

Commissioner of Social Services; appeal of provisional licenses. Requires that corrective action of an applicant for provisional licensure, acceptable to the Commissioner of Social Services and on a schedule determined by the Commissioner, shall be required prior to any appeal of the provisional license issued to an assisted living facility or adult day center. This bill is identical to HB 2597.

Department of Corrections; Department of Workforce Development and Advancement; post-release job search assistance services. Provides that the Department of Corrections shall work with the Department of Workforce Development and Advancement to provide post-release job search assistance services to assist individuals in finding employment upon release from incarceration and refer such individuals to case management services where eligible from such funds as are available. The bill also requires the Department of Workforce Development and Advancement to coordinate implementation and delivery of such post-release job search assistance services with Virginia Workforce System partners, including local workforce development boards. This bill is identical to HB 1759.

State Veterinarian; large animal veterinary grant program; report. Directs the State Veterinarian to establish a large animal veterinary grant program no later than July 1, 2026, to provide grants to increase or stabilize the number of large animal veterinarians, as defined in the bill, practicing in areas of the Commonwealth that have been identified by the State Veterinarian as having a shortage of such veterinarians. The bill directs the State Veterinarian to annually select from a pool of applicants no more than four large animal veterinarians to participate in the program and to develop, in consultation with the Board of Veterinary Medicine and relevant stakeholders, selection criteria for applicants to participate in the program. The bill also requires the State Veterinarian to submit a report evaluating the extent to which the program has helped to address the shortage of large animal veterinarians in the Commonwealth to the Board and the Chairmen of the Senate Committee on Agriculture, Conservation and Natural Resources and the House Committee on Agriculture, Chesapeake and Natural Resources no later than July 1, 2030. This bill is identical to HB 2303.

Sexual assault of a child; mandatory minimum sentence; penalty. Increases the penalty for the sexual assault of a child younger than 18 years of age to a mandatory minimum sentence of life in prison without the possibility of parole.

Department of Medical Assistance Services; state pharmacy benefits manager; independent evaluation. Requires the Department of Medical Assistance Services, by July 1, 2026, to select and contract with a third-party administrator to serve as the state pharmacy benefits manager to administer all pharmacy benefits for Medicaid recipients, including recipients enrolled in a managed care organization. The bill enumerates requirements for the Department's contract with the state pharmacy benefits manager. In addition, the bill directs the Department to engage an independent consultant to evaluate the implementation of a contract with a third-party pharmacy benefits manager pursuant to the bill. This bill is identical to HB 2610.

Pari-mutuel wagering; historical horse racing; percentage retained for distribution. Provides that with respect to all authorized historical horse racing terminals, of the amount that a horse racing licensee retains from wagering on historical horse racing pools and in addition to the current distribution required under law, 0.025 percent shall be provided to the Shenandoah County Fair Association.

Department of Housing and Community Development; Task Force on Property Appraisal and Valuation Equity. Creates the Task Force on Property Appraisal and Valuation Equity to study the misvaluation and undervaluation of real property owned by minority individuals to combat bias in real property appraisal and valuation. The bill requires the Task Force to meet at least annually and to report to the Governor and General Assembly by December 1 of each year regarding its activities and any recommendations. The bill has an expiration date of July 1, 2028.

Income tax deduction; tips and overtime compensation. Provides, for taxable years beginning on and after January 1, 2026, an income tax deduction for the amount of tips received during the taxable year that are included on statements furnished to the employer for federal tax purposes. The bill also establishes, for taxable years beginning on and after January 1, 2026, an income tax deduction for any overtime compensation, defined in the bill, received by an employee who is not exempt from overtime compensation rules pursuant to the federal Fair Labor Standards Act.