VirginiaSB7752026 Regular SessionSenate

Insurance; increases fees for vehicles, etc.

Sponsored By: T. Travis Hackworth (Republican)

In Committee

Summary

Insurance; Fire Programs Fund; fees for vehicles; Virginia At Risk Fire Grant Program established; Firefighter Personal Protective Equipment (PPE) Fund established. Increases the fire insurance assessment from one percent of total direct gross premium income for such insurance to (i) 1.5 percent on and after July 1, 2026, but before July 1, 2027, and (ii) two percent on and after July 1, 2027. The bill also increases the vehicle registration fee used to provide support for emergency medical services from $4.25 to $6.25 for each pickup or panel truck and each motor vehicle. The bill also establishes (a) the Virginia At Risk Fire Grant Program, to be funded by 0.25 percent of the assessments on insurance companies, for the purposes of providing grants to localities with fire departments that are determined to be most at risk of being unable to provide fire suppression or rescue activities or maintain compliance with relevant laws and regulations and (b) the Firefighter Personal Protective Equipment (PPE) Fund, for the purpose of purchasing breathing apparatus equipment and other non-vehicular equipment necessary for the protection of firefighters responding to a fire.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • T. Travis Hackworth

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 28 • No: 0

Senate vote 2/11/2026

Continued to 2027 in Finance and Appropriations

Yes: 15 • No: 0

Senate vote 2/2/2026

Reported from Commerce and Labor and rereferred to Finance and Appropriations

Yes: 13 • No: 0

Actions Timeline

  1. Continued to 2027 in Finance and Appropriations (15-Y 0-N)

    2/11/2026Senate
  2. Fiscal Impact Statement from Department of Planning and Budget (SB775)

    2/3/2026Senate
  3. Reported from Commerce and Labor and rereferred to Finance and Appropriations (13-Y 0-N)

    2/2/2026Senate
  4. Referred to Committee on Commerce and Labor

    1/22/2026Senate
  5. Presented and ordered printed 26104610D

    1/22/2026Senate

Bill Text

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