Virginia House Bill 1936 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2015 - 25% progression, died in chamber
Action: 2015-01-29 - Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Prefiled) [HTML]

Virginia Life, Accident and Sickness Insurance Guaranty Association. Increases the maximum amount that the Association may become obligated to cover with respect to the present value of annuity benefits, including net cash surrender and net cash withdrawal values, from $250,000 to $500,000 in situations where the annuity was purchased or acquired by the sponsor of an employer's defined benefit pension plan for the benefit of a plan participant, in the course of full or partial termination of a pension plan that prior to such termination was subject to the provisions of the federal Employee Retirement Income Security Act.

Virginia Life, Accident and Sickness Insurance Guaranty Association; limits on obligations.

Del. Robert Bell [R]

Date	Chamber	Action
2015-01-29	House	Tabled in Commerce and Labor by voice vote
2015-01-13	House	Referred to Committee on Commerce and Labor
2015-01-13	House	Prefiled and ordered printed; offered 01/14/15 15103433D

Chapter	Article	Section	Citation Type	Statute Text
38	2	1700	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+HB1936
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1936+hil