VirginiaBenefits consortium; sponsoring association.
What it does
Benefits consortium; sponsoring association. Provides that the sponsoring association of a benefits consortium that offers health benefit plans to the members of such sponsoring association may operate as a nonprofit entity under § 501(c)(3), 501(c)(5), or 501(c)(6) of the Internal Revenue Code. Under current law, such a sponsoring association may only operate under § 501(c)(5) or 501(c)(6) of the Internal Revenue Code.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 6Acts of Assembly Chapter text (CHAP0120)Latest
- Apr 6Approved by Governor Abigail Spanberger-Chapter 120 (effective 7/1/2026)Became Law
- Mar 10Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 10Enrolled Bill communicated to Governor on March 10, 2026Minor
- Mar 5Fiscal Impact Statement from State Corporation Commission (HB353)
- Mar 3Signed by PresidentMajor
- Mar 3Signed by SpeakerMajor
- Mar 3Bill text as passed House and Senate (HB353ER)Major
- Mar 3EnrolledMinor
- Feb 26Passed Senate (40-Y 0-N 0-A)Major
- Vote recorded Passage R. Result: pass.Upper
- Feb 26Read third timeMinor
- Feb 25Passed by for the day Block Vote (Voice Vote)
- Vote recorded Constitutional reading dispensed (on 2nd reading). Result: pass.Upper
- Feb 25Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- Feb 25Rules suspended
- Feb 23Reported from Commerce and Labor (15-Y 0-N)Minor
- Vote recorded Reported from Commerce and Labor. Result: pass.Upper
- Feb 5Referred to Committee on Commerce and LaborMinor
- Feb 5Constitutional reading dispensed (on 1st reading)
- Feb 4Passed House Block Vote (98-Y 0-N 0-A)Passed Senate
- Vote recorded H VOTE:. Result: pass.Lower
- Vote recorded H VOTE:. Result: pass.Lower
- Feb 4Reconsideration of passage agreed to by House
- Feb 4Read third time and passed House (97-Y 1-N 0-A)Passed House
- Feb 3Read second time and engrossedMinor
- Feb 2Read first timeMinor
- Jan 29Reported from Labor and Commerce (22-Y 0-N)Minor
- Vote recorded Reported from Labor and Commerce. Result: pass.Lower
- Jan 27Subcommittee recommends reporting (9-Y 0-N)
- Vote recorded Subcommittee recommends reporting. Result: pass.Lower
- Jan 25Fiscal Impact Statement from State Corporation Commission (HB353)
- Jan 19Assigned HCL sub: Subcommittee #1Minor
- Jan 12Referred to Committee on Labor and CommerceMinor
- Jan 12Prefiled and ordered printed; Offered 01-14-2026 26101926DIntroduced