SB1269
Surplus lines broker taxes; certain insurance policies.
Summary
As Introduced. Surplus lines broker taxes; certain insurance policies.
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 beginning in calendar year 2025. This bill is identical to HB 1682. (Less)-
Bill History
- 01/08/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25102772D
- 01/08/2025 - Senate: Referred to Committee on Commerce and Labor
- 01/20/2025 - Senate: Impact statement from TAX (SB1269)
- 01/20/2025 - Senate: Reported from Commerce and Labor and rereferred to Finance and Appropriations (15-Y 0-N)
- 01/20/2025 - Senate: Rereferred to Finance and Appropriations
- 01/28/2025 - Senate: Reported from Finance and Appropriations (14-Y 0-N 1-A)
- 01/29/2025 - Senate: Rules suspended
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- 01/29/2025 - Senate: Passed by for the day
- 01/30/2025 - Senate: Read second time and engrossed
- 01/31/2025 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/05/2025 - House: Placed on Labor and Commerce Agenda
- 02/06/2025 - House: Placed on Calendar
- 02/06/2025 - House: Read first time
- 02/06/2025 - House: Referred to Committee on Labor and Commerce
- 02/06/2025 - House: Reported from Labor and Commerce (21-Y 0-N)
- 02/10/2025 - House: Read second time
- 02/11/2025 - House: Read third time
- 02/11/2025 - House: Passed House (94-Y 0-N)
- 02/13/2025 - Senate: Enrolled
- 02/13/2025 - Senate: Bill text as passed Senate and House (SB1269ER)
- 02/13/2025 - House: Signed by Speaker
- 02/16/2025 - Senate: Signed by President
- 02/17/2025 - Senate: Impact statement from TAX (SB1269)
- 02/20/2025 - Senate: Enrolled Bill Communicated to Governor on February 20, 2025
- 02/20/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/19/2025 - Approved by Governor-Chapter 136 (Effective 07/01/25)
- 03/19/2025 - Acts of Assembly Chapter text (CHAP0136)
