Virginia continuity billing regulation amendment

Virginia's House Bill (HB) 744, effective from July 1, 2024, amends continuity billing regulations. It requires businesses to provide additional notifications to consumers before contracts extend under automatic renewal clauses. The bill applies to both business-to-consumer and business-to-business contracts. Changes include a broader application of continuity billing contracts, additional notifications about the automatic renewal process, and the prohibition of charging a consumer's financial account for an automatic renewal without first obtaining the consumer's affirmative consent.