HB1682
Surplus lines broker taxes; certain insurance policies.
Status:
Enacted
Latest Action:
March 19, 2025
Acts of Assembly Chapter text (CHAP0124)
Chief Patron:
Laura Jane Cohen (D)
Session:
2025 Regular Session
Summary
As Introduced. Surplus lines broker taxes.
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 ... (More) by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District. (Less)-
Bill History
- 01/03/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25101260D
- 01/03/2025 - House: Referred to Committee on Finance
- 01/13/2025 - House: Assigned Finance sub: Subcommittee #2
- 01/13/2025 - House: Placed on Finance Agenda
- 01/14/2025 - House: Impact statement from TAX (HB1682)
- 01/14/2025 - House: Subcommittee recommends reporting (8-Y 0-N)
- 01/18/2025 - House: Placed on Finance Agenda
- 01/20/2025 - House: Reported from Finance (22-Y 0-N)
- 01/22/2025 - House: Read first time
- 01/23/2025 - House: Read second time and engrossed
- 01/24/2025 - House: Read third time and passed House (97-Y 0-N)
- 01/27/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/27/2025 - Senate: Referred to Committee on Commerce and Labor
- 02/10/2025 - Senate: Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (15-Y 0-N)
- 02/10/2025 - Senate: Rereferred to Finance and Appropriations
- 02/10/2025 - Senate: Committee substitute printed 25107098D-S1
- 02/11/2025 - Senate: Reported from Finance and Appropriations (13-Y 0-N)
- 02/11/2025 - Senate: Rules suspended
- 02/11/2025 - Senate: Constitutional reading dispensed (on 2nd reading) (40-Y 0-N)
- 02/11/2025 - Senate: Passed by for the day
- 02/12/2025 - Senate: Read third time
- 02/12/2025 - Senate: Reading of substitute waived
- 02/12/2025 - Senate: Commerce and Labor Substitute agreed to
- 02/12/2025 - Senate: Engrossed by Senate - committee substitute
- 02/12/2025 - Senate: Passed Senate with substitute (39-Y 0-N)
- 02/12/2025 - House: Senate substitute agreed to by House (Y-88 N-1 A-0)
- 02/17/2025 - House: Enrolled
- 02/17/2025 - House: Bill text as passed House and Senate (HB1682ER)
- 02/17/2025 - House: Impact statement from TAX (HB1682)
- 02/17/2025 - House: Signed by Speaker
- 02/20/2025 - Senate: Signed by President
- 03/03/2025 - House: Enrolled Bill communicated to Governor on March 3, 2025
- 03/03/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/19/2025 - Approved by Governor-Chapter 124 (Effective 07/01/25)
- 03/19/2025 - Acts of Assembly Chapter text (CHAP0124)
