VA SB383 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 11 2022 - 100% progression
Action: 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0412)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 11 2022 - 100% progression
Action: 2022-04-11 - Governor: Acts of Assembly Chapter text (CHAP0412)
Text: Latest bill text (Chaptered) [HTML]
Summary
Credit life insurance and credit accident and sickness insurance; adjustment of rates; requirement for hearing. Removes the requirement that the State Corporation Commission conduct a hearing prior to determining the actual loss ratio for each form of insurance and adjusting the prima facie rates. Under the bill, after the Commission has determined the actual loss ratio and prima facie rates, it will provide notice of such ratio and rates and provide an opportunity for a hearing.
Title
Credit life insurance and credit accident and sickness insurance; adjustment of rates.
Sponsors
Roll Calls
2022-03-04 - House - House: VOTE: Block Vote Passage (99-Y 0-N) (Y: 99 N: 0 NV: 0 Abs: 1) [PASS]
2022-03-01 - House - House: Reported from Commerce and Energy (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-01-21 - Senate - Senate: Read third time and passed Senate (37-Y 0-N) (Y: 37 N: 0 NV: 0 Abs: 3) [PASS]
2022-01-19 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-01-17 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2022-03-01 - House - House: Reported from Commerce and Energy (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-01-21 - Senate - Senate: Read third time and passed Senate (37-Y 0-N) (Y: 37 N: 0 NV: 0 Abs: 3) [PASS]
2022-01-19 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-01-17 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-04-11 | Governor: Acts of Assembly Chapter text (CHAP0412) | |
| 2022-04-11 | Governor: Approved by Governor-Chapter 412 (effective 7/1/22) | |
| 2022-03-22 | Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022 | |
| 2022-03-22 | Senate | Enrolled Bill Communicated to Governor on March 22, 2022 |
| 2022-03-10 | Senate | Signed by President |
| 2022-03-09 | House | Signed by Speaker |
| 2022-03-09 | Senate | Bill text as passed Senate and House (SB383ER) |
| 2022-03-09 | Senate | Enrolled |
| 2022-03-04 | House | VOTE: Block Vote Passage (99-Y 0-N) |
| 2022-03-04 | House | Passed House BLOCK VOTE (99-Y 0-N) |
| 2022-03-04 | House | Read third time |
| 2022-03-03 | House | Read second time |
| 2022-03-01 | House | Reported from Commerce and Energy (22-Y 0-N) |
| 2022-02-22 | House | Referred to Committee on Commerce and Energy |
| 2022-02-22 | House | Read first time |
| 2022-02-22 | House | Placed on Calendar |
| 2022-01-21 | Senate | Read third time and passed Senate (37-Y 0-N) |
| 2022-01-20 | Senate | Read second time and engrossed |
| 2022-01-19 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2022-01-17 | Senate | Reported from Commerce and Labor (15-Y 0-N) |
| 2022-01-11 | Senate | Referred to Committee on Commerce and Labor |
| 2022-01-11 | Senate | Prefiled and ordered printed; offered 01/12/22 22101326D |
