Today, Governor Youngkin vetoed Senate Bill 259 and House Bill 418, which would have created class action lawsuits in Virginia courts. The Chamber’s strategic plan, Blueprint Virginia 2030, emphasizes the importance of a strong legal climate in attracting new business, incentivizing business expansion, and promoting economic growth. If these bills were enacted into law, particularly without guardrails like summary judgment, they would significantly undermine economic development and job growth in the Commonwealth and increase the cost of doing business.

The Governor’s action to preserve our legal climate protects Virginia’s overall business climate, which is consistently ranked as one of the best in the nation.

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 About the Virginia Chamber of Commerce:

The Virginia Chamber of Commerce is the largest business advocacy organization in the Commonwealth, with more than 30,000 members. The Chamber is a non-partisan, business advocacy organization that works in the legislative, regulatory, and political arenas to act as the catalyst for positive change in all areas of economic development and competitiveness for Virginia. Learn more at https://vachamber.com/.