VirginiaInsurance; contingent deferred annuities, nonforfeiture benefits.
What it does
Insurance; contingent deferred annuities; nonforfeiture benefits. Permits the State Corporation Commission to adopt reasonable standards for contingent deferred annuities, as defined in the bill, including nonforfeiture benefits. The bill subjects contingent deferred annuities to certain requirements applicable under current law to other types of insurance contracts.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 8Acts of Assembly Chapter text (CHAP0486)Latest
- Apr 8Approved by Governor Abigail Spanberger-Chapter 486 (effective 7/1/2026)Became Law
- Mar 23Fiscal Impact Statement from State Corporation Commission (SB166)
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 9Signed by PresidentMajor
- Mar 9Signed by SpeakerMajor
- Mar 9Bill text as passed Senate and House (SB166ER)Major
- Mar 9EnrolledMinor
- Mar 3Passed House (97-Y 0-N 0-A)Passed House
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 3Read third timeMinor
- Mar 2Read second timeMinor
- Feb 26Reported from Labor and Commerce (21-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Feb 24Subcommittee recommends reporting (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Feb 17Assigned HCL sub: Subcommittee #1Minor
- Feb 4Referred to Committee on Labor and CommerceMinor
- Feb 4Read first timeMinor
- Feb 4Placed on Calendar
- Jan 30Read third time and passed Senate (38-Y 0-N 0-A)Passed Senate
- Vote recorded Passage R. Result: pass.Upper
- Jan 29Engrossed by Senate (Voice Vote)
- Jan 29Read second timeMinor
- Jan 28Passed by for the day
- Vote recorded Constitutional reading dispensed R. Result: pass.Upper
- Jan 28Passed by for the day Block Vote (Voice Vote)
- Jan 28Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
- Jan 28Rules suspended
- Jan 26Reported from Commerce and Labor (15-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Jan 26Fiscal Impact Statement from State Corporation Commission (SB166)
- Jan 7Referred to Committee on Commerce and LaborMinor
- Jan 7Prefiled and ordered printed; Offered 01-14-2026 26101910DIntroduced