J. Salmon was kind enough to point me to the relevant section of the VA code, and it confirmed that cars registered in the state had to have a handbrake. No mention of technology (mechanical vs hydraulic, etc) or effectiveness, just that you had to have one. So my car has to have one.
Fran has a factory solution already for the handbrake, and that will be the easiest, fastest way to do it.
Of course, I can't do things the easy way, so I am fabbing up a handbrake system that uses a lightweight Wilwood drag rotor (just 3/8" thick) and a small hydraulic caliper. The rotor and caliper will be mounted on the transaxle, and will be operated by a Wilwood MC pushed by a linear actuator. The interior won't have a traditional handle, just a button like some current Lexus cars.
Benefits include very light weight, consuming no room in the interior, always having a cold rotor to clamp to (as a hot rotor cools, it contracts, and so the effective clamping force decreases), no cable stretching or adjusting, and avoidance of cables running under the engine.
The disadvantages all center around cost and time, of course...