VirginiaHB25852025 Regular SessionHouse

Benefits consortium; governing bodies of three or more cities, counties, or school boards to form.

Sponsored By: A.C. Cordoza (Republican)

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Summary

Benefits consortium for localities. Authorizes the governing bodies of three or more cities, counties, or school boards to form a benefits consortium for the purpose of establishing a self-funded employee welfare benefit plan. Under current law, such governing bodies or school boards are authorized to form such a benefits consortium if they comprised the membership of a multiple employer welfare arrangement as of December 31, 2014. Such a benefits consortium is required to be a nonstock corporation established to operate a benefits plan. Each member of the benefits consortium is contractually liable for its allocated share of the consortium's liabilities, and the benefits consortium is exempt from taxation and from insurance regulations.

Counties, Cities and Towns

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • A.C. Cordoza

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 5 • No: 3

House vote • 1/24/2025

Subcommittee recommends passing by indefinitely

Yes: 5 • No: 3 • Other: 1

Actions Timeline

  1. Left in Counties, Cities and Towns

    2/4/2025House
  2. Subcommittee recommends passing by indefinitely (5-Y 3-N)

    1/24/2025House
  3. Assigned CCT sub: Subcommittee #3

    1/20/2025House
  4. Referred to Committee on Counties, Cities and Towns

    1/13/2025House
  5. Prefiled and ordered printed; Offered 01-13-2025 25103514D

    1/13/2025House

Bill Text

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