On March 8, 2016, the Proffer Reform Bill (Senate Bill 549) was signed by Governor McAuliffe. As stated in the statute, which will be codified as a new section 15.2-2303.4, the new law is “prospective only and shall not be construed to apply to any application for rezoning filed prior to July 1, 2016, or to any application for a proffer condition amendment amending a rezoning for which the application was filed prior to that date.” To read the full Proffer Reform Bill, please click here.