VirginiaMotor vehicle insurance; unfair discrimination based on individual's consumer credit info., report.
What it does
Motor vehicle insurance; use of certain factors to establish rates prohibited. Prohibits an insurer from refusing to insure, refusing to continue to insure, or limiting the amount or extent of motor vehicle insurance coverage, or charge an individual a different rate for the same motor vehicle insurance coverage, solely because of such individual's consumer credit information or credit-based insurance score. The bill also directs the State Corporation Commission's Bureau of Insurance to study the use by insurers of an insured's or applicant's consumer credit information or credit-based insurance score in connection with underwriting motor vehicle insurance polices and to submit a report of its findings and recommendations by October 1, 2027.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 13Approved by Governor Abigail Spanberger-Chapter 902 (effective 7/1/2026)Became Law
- Apr 6Fiscal Impact Statement from State Corporation Commission (SB693)
- Mar 14Governor's Action Deadline 11:59 p.m., April 13, 2026To Governor
- Mar 14Enrolled Bill communicated to Governor on March 14, 2026Minor
- Mar 12Signed by SpeakerMajor
- Mar 11Signed by PresidentMajor
- Mar 11Bill text as passed Senate and House (SB693ER)Major
- Mar 11EnrolledMinor
- Mar 5House Amendments agreed to by Senate (39-Y 0-N 0-A)Major
- Vote recorded Concur House Amendments R. Result: pass.Upper
- Mar 3Passed House with amendments (91-Y 7-N 0-A)Major
- Vote recorded H VOTE:. Result: pass.Lower
- Mar 3Engrossed by House as amended
- Mar 3committee amendments agreed toMajor
- Mar 3Read third timeMinor
- Mar 2Read second timeMinor
- Feb 26Reported from Labor and Commerce with amendment(s) (19-Y 2-N)Minor
- Vote recorded Reported from Labor and Commerce with amendment(s). Result: pass.Lower
- Feb 24Subcommittee recommends reporting with amendment(s) (7-Y 1-N)
- Vote recorded Reconsidered by Labor and Commerce. Result: pass.Lower
- Vote recorded Subcommittee recommends reporting with amendment(s). Result: pass.Lower
- Feb 24House subcommittee offered
- Feb 24Assigned HCL sub: Subcommittee #1Minor
- Feb 24Removed from the Table by Labor and Commerce (18-Y 2-N)
- Feb 19Tabled in Labor and Commerce (14-Y 6-N)Minor
- Vote recorded Tabled in Labor and Commerce. Result: pass.Lower
- Feb 19Fiscal Impact Statement from State Corporation Commission (SB693)
- Feb 4Referred to Committee on Labor and CommerceMinor
- Feb 4Read first timeMinor
- Feb 4Placed on Calendar
- Jan 30Read third time and passed Senate (36-Y 1-N 1-A)Passed House
- Vote recorded Reconsider R. Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Vote recorded Passage R. Result: pass.Upper
- Jan 30Reconsideration of passage agreed to by Senate (33-Y 2-N 1-A)
- Jan 30Read third time and passed Senate (33-Y 2-N 1-A)Passed Senate
- Jan 29Engrossed by Senate - committee substituteMajor
- Jan 29Engrossed by Senate (Voice Vote)
- Jan 29Commerce and Labor Substitute agreed to
- 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 27Committee substitute printed 26106231D-S1Major
- Jan 26Reported from Commerce and Labor with substitute (11-Y 2-N 2-A)Minor
- Vote recorded Reported from Commerce and Labor with substitute. Result: pass.Upper
- Jan 26Senate committee offered
- Jan 26Senate committee offered
- Jan 14Referred to Committee on Commerce and LaborMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26105327DIntroduced