VirginiaSB12692025 Regular SessionSenate

Surplus lines broker taxes; certain insurance policies.

Sponsored By: Stella G. Pekarsky (Democratic)

To Governor

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Stella G. Pekarsky

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 222 • No: 0

House vote • 2/11/2025

Passed House Block Vote

Yes: 94 • No: 0

House vote • 2/6/2025

Reported from Labor and Commerce

Yes: 21 • No: 0

Senate vote • 1/31/2025

Read third time and passed Senate

Yes: 40 • No: 0

Senate vote • 1/29/2025

Constitutional reading dispensed Block Vote (on 1st reading)

Yes: 38 • No: 0

Senate vote • 1/28/2025

Reported from Finance and Appropriations

Yes: 14 • No: 0 • Other: 1

Senate vote • 1/20/2025

Reported from Commerce and Labor and rereferred to Finance and Appropriations

Yes: 15 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0136)

    3/19/2025Governor
  2. Approved by Governor-Chapter 136 (Effective 07/01/25)

    3/19/2025Governor
  3. Governor's Action Deadline 11:59 p.m., March 24, 2025

    2/20/2025Governor
  4. Enrolled Bill Communicated to Governor on February 20, 2025

    2/20/2025Senate
  5. Impact statement from TAX (SB1269)

    2/17/2025Senate
  6. Signed by President

    2/16/2025Senate
  7. Bill text as passed Senate and House (SB1269ER)

    2/13/2025Senate
  8. Enrolled

    2/13/2025Senate
  9. Signed by Speaker

    2/13/2025House
  10. Passed House Block Vote (94-Y 0-N)

    2/11/2025House
  11. Read third time

    2/11/2025House
  12. Read second time

    2/10/2025House
  13. Reported from Labor and Commerce (21-Y 0-N)

    2/6/2025House
  14. Referred to Committee on Labor and Commerce

    2/6/2025House
  15. Read first time

    2/6/2025House
  16. Placed on Calendar

    2/6/2025House
  17. Read third time and passed Senate (40-Y 0-N)

    1/31/2025Senate
  18. Read second time and engrossed

    1/30/2025Senate
  19. Constitutional reading dispensed Block Vote (on 1st reading) (38-Y 0-N)

    1/29/2025Senate
  20. Passed by for the day

    1/29/2025Senate
  21. Rules suspended

    1/29/2025Senate
  22. Reported from Finance and Appropriations (14-Y 0-N 1-A)

    1/28/2025Senate
  23. Reported from Commerce and Labor and rereferred to Finance and Appropriations (15-Y 0-N)

    1/20/2025Senate
  24. Impact statement from TAX (SB1269)

    1/20/2025Senate
  25. Referred to Committee on Commerce and Labor

    1/8/2025Senate

Bill Text

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