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HB510

Surplus line broker; any person required to be licensed as one shall not be subject to certain tax.

Status:
In Senate

Chief Patron:
Laura Jane Cohen (D)

Session:
2024 Regular Session

Summary

As Introduced. Surplus line 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 by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District. (Less)

  • Bill History

  • 01/08/2024 - House: Prefiled and ordered printed; offered 01/10/24 24101108D
  • 01/08/2024 - House: Referred to Committee on Labor and Commerce
  • 01/16/2024 - House: Assigned L & C sub: Subcommittee #1
  • 01/23/2024 - House: Subcommittee recommends reporting (7-Y 0-N)
  • 01/24/2024 - House: Impact statement from TAX (HB510)
  • 01/25/2024 - House: Reported from Labor and Commerce (21-Y 0-N)
  • 01/29/2024 - House: Read first time
  • 01/30/2024 - House: Read second time and engrossed
  • 01/31/2024 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
  • 01/31/2024 - House: VOTE: Block Vote Passage (100-Y 0-N)
  • 02/01/2024 - Senate: Constitutional reading dispensed
  • 02/01/2024 - Senate: Referred to Committee on Commerce and Labor
  • 02/19/2024 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/19/2024 - Senate: Reported from Commerce and Labor with amendments (13-Y 1-N)
  • 02/19/2024 - Senate: Rereferred to Finance and Appropriations
  • 02/21/2024 - Senate: Continued to 2025 in Finance and Appropriations (13-Y 1-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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