Fabio
84 lines
5.2 KiB
Markdown
84 lines
5.2 KiB
Markdown
---
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type: "Bill"
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title: "Insurance holding company systems; group capital calculation and liquidity stress test."
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description: "Insurance holding company systems; group capital calculation and liquidity stress test. Requires that certaininsurers that are members of an insurance holding company systemfile a group capital calculation in accordance with the NationalAssociation of Insurance Commissioners (NAIC) Group Capital CalculationInstructions and a liquidity stress test in accordance with the NAICLiquidity Stress Test Framework. The bill provides exceptions tosuch reporting requirements and contains various provisions regardingthe confidentiality of information contained in such reports. Thebill authorizes the State Corporation Commission to require a depositor bond when an insurer that is a member of an insurance holdingcompany system is in a hazardous financial condition or a condition that would be grounds for the supervision, conservation, or delinquency proceeding."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2022"
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identifier: "HB 82"
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citation: "Virginia HB 82 (2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Terry G. Kilgore"]
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version_count: 3
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action_count: 21
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vote_count: 5
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first_action: "2022-01-05"
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last_action: "2022-04-06"
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source: "openstates"
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source_identifier: "ocd-bill/7b42f64d-d553-4701-8493-59c3e5fcf224"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB82"
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source_hash: "46871e14c96f1156609655fdb7a83041f69e786e550c2b3db44c600cc50d9692"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 82 (2022) — Insurance holding company systems; group capital calculation and liquidity stress test.
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Insurance holding company systems; group capital calculation and liquidity stress test. Requires that certaininsurers that are members of an insurance holding company systemfile a group capital calculation in accordance with the NationalAssociation of Insurance Commissioners (NAIC) Group Capital CalculationInstructions and a liquidity stress test in accordance with the NAICLiquidity Stress Test Framework. The bill provides exceptions tosuch reporting requirements and contains various provisions regardingthe confidentiality of information contained in such reports. Thebill authorizes the State Corporation Commission to require a depositor bond when an insurer that is a member of an insurance holdingcompany system is in a hazardous financial condition or a condition that would be grounds for the supervision, conservation, or delinquency proceeding.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0113** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0113)
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2. **HB82ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB82ER)
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3. **Prefiled and ordered printed; offered 01/12/22 22101310D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB82)
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## Votes
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- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
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- Passed Senate (39-Y 0-N) — **39–0** (pass) · upper
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- VOTE: Block Vote Passage (99-Y 0-N) — **98–0** (pass) · lower
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- Reported from Commerce and Labor (15-Y 0-N) — **15–0** (pass) · upper
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- Reported from Commerce and Energy (21-Y 0-N) — **21–0** (pass) · lower
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## Sponsors
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- Terry G. Kilgore — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-01-05** Prefiled and ordered printed; offered 01/12/22 22101310D `introduction`
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- **2022-01-05** Referred to Committee on Commerce and Energy `referral-committee`
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- **2022-01-13** Impact statement from SCC (HB82)
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- **2022-01-18** Reported from Commerce and Energy (21-Y 0-N) `committee-passage`
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- **2022-01-20** Read first time `reading-1`
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- **2022-01-21** Read second time and engrossed `reading-2`
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- **2022-01-24** Read third time and passed House Block Vote (99-Y 0-N) `passage, reading-3`
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- **2022-01-24** VOTE: Block Vote Passage (99-Y 0-N)
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- **2022-01-25** Constitutional reading dispensed
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- **2022-01-25** Referred to Committee on Commerce and Labor `referral-committee`
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- **2022-02-28** Reported from Commerce and Labor (15-Y 0-N) `committee-passage`
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- **2022-03-02** Constitutional reading dispensed (40-Y 0-N)
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- **2022-03-03** Read third time `reading-3`
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- **2022-03-03** Passed Senate (39-Y 0-N) `passage`
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- **2022-03-08** Enrolled
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- **2022-03-08** Signed by Speaker
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- **2022-03-08** Signed by President
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- **2022-03-10** Impact statement from SCC (HB82ER)
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- **2022-03-22** Enrolled Bill communicated to Governor on March 22, 2022
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- **2022-03-22** Governor's Action Deadline 11:59 p.m., April 11, 2022
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- **2022-04-06** Approved by Governor-Chapter 113 (effective 7/1/22) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7b42f64d-d553-4701-8493-59c3e5fcf224`. Confidence: reported (aggregated from official Virginia legislature records).
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