SB 1269

  • Virginia Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 08, 2025
  • Passed Senate Jan 31, 2025
  • Passed House Feb 11, 2025
  • Signed by Governor Mar 19, 2025

Surplus lines broker taxes; certain insurance policies.

Abstract

Surplus lines broker taxes; certain insurance policies. Provides that any surplus lines broker or any person required to be licensed as one shall not be subject to the annual taxes, license taxes, or penalties under current law for any policy of insurance procured during the preceding calendar year on behalf of a commuter rail system jointly operated by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District beginning in calendar year 2025. This bill is identical to HB 1682.

An Act to amend and reenact § 38.2-4809 of the Code of Virginia, relating to surplus lines broker taxes; certain insurance policies.

Bill Sponsors (1)

Votes


Actions


Mar 19, 2025

Office of the Governor

Acts of Assembly Chapter text (CHAP0136)

Office of the Governor

Approved by Governor-Chapter 136 (Effective 07/01/25)

Feb 20, 2025

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 24, 2025

Senate

Enrolled Bill Communicated to Governor on February 20, 2025

Feb 17, 2025

Senate

Impact statement from TAX (SB1269)

Feb 16, 2025

Senate

Signed by President

Feb 13, 2025

Senate

Enrolled

House

Signed by Speaker

Senate

Bill text as passed Senate and House (SB1269ER)

Feb 11, 2025

House

Read third time

House

Passed House (94-Y 0-N)

Feb 10, 2025

House

Read second time

Feb 06, 2025

House

Reported from Labor and Commerce (21-Y 0-N)

House

Placed on Calendar

House

Read first time

House

Referred to Committee on Labor and Commerce

Jan 31, 2025

Senate

Read third time and passed Senate (40-Y 0-N)

Jan 30, 2025

Senate

Read second time and engrossed

Jan 29, 2025

Senate

Passed by for the day

Senate

Constitutional reading dispensed (on 1st reading) (38-Y 0-N)

Senate

Rules suspended

Jan 28, 2025

Senate

Reported from Finance and Appropriations (14-Y 0-N 1-A)

Jan 20, 2025

Senate

Reported from Commerce and Labor and rereferred to Finance and Appropriations (15-Y 0-N)

Senate

Impact statement from TAX (SB1269)

Jan 08, 2025

Senate

Referred to Committee on Commerce and Labor

Senate

Prefiled and ordered printed; Offered 01-08-2025 25102772D

Bill Text

Bill Text Versions Format
Chaptered HTML PDF
Enrolled HTML PDF
Introduced HTML PDF

Related Documents

Document Format
Impact statement from TAX (SB1269) PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.