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---
type: "Bill"
title: "Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium."
description: "Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium. Directs the State Corporation Commission to apply to the appropriate federal agencies under the federal Patient Protection and Affordable Care Act for an extension of the existing State Innovation Waiver authorizing the Commonwealth to implement a reinsurance program. The existing State Innovation Waiver is set to expire on January 1, 2028. Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. As introduced, this bill was a recommendation of the Health Insurance Reform Commission."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2026"
identifier: "HB 327"
citation: "Virginia HB 327 (2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Richard C. \"Rip\" Sullivan, Jr."]
version_count: 5
action_count: 31
vote_count: 7
first_action: "2026-01-11"
last_action: "2026-04-13"
source: "openstates"
source_identifier: "ocd-bill/b4718488-91c7-4600-99e4-a59810a12b8c"
source_url: "https://lis.virginia.gov/bill-details/20261/HB327"
source_hash: "4f7a95a30abccebeeaad5ad655f7276b07495c7fc2252f490b1d1dede4859821"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia HB 327 (2026) — Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.
Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium. Directs the State Corporation Commission to apply to the appropriate federal agencies under the federal Patient Protection and Affordable Care Act for an extension of the existing State Innovation Waiver authorizing the Commonwealth to implement a reinsurance program. The existing State Innovation Waiver is set to expire on January 1, 2028. Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. As introduced, this bill was a recommendation of the Health Insurance Reform Commission.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1083864.PDF)
2. **Engrossed** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1104826.PDF)
3. **Labor and Commerce Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1103466.HTML)
4. **Subcommittee #1 Subcommittee Amendment** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1098948.HTML)
5. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1187025.PDF)
## Votes
- Reported from Commerce and Labor — **150** (pass) · upper
- Constitutional reading dispensed (on 2nd reading) — **400** (pass) · upper
- H VOTE: — **971** (pass) · lower
- Reported from Labor and Commerce with amendment(s) — **220** (pass) · lower
- H VOTE: — **980** (pass) · lower
- Passage R — **400** (pass) · upper
- Subcommittee recommends reporting with amendment(s) — **90** (pass) · lower
## Sponsors
- Richard C. "Rip" Sullivan, Jr. — primary (person)
- Irene Shin — cosponsor (person)
- Jackie H. Glass — cosponsor (person)
- Michelle Lopes Maldonado — cosponsor (person)
- Nadarius E. Clark — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-01-11** Prefiled and ordered printed; Offered 01-14-2026 26102839D `filing, introduction`
- **2026-01-11** Referred to Committee on Labor and Commerce `referral-committee`
- **2026-01-19** Assigned HCL sub: Subcommittee #1 `referral-committee`
- **2026-01-27** House subcommittee offered
- **2026-01-27** Subcommittee recommends reporting with amendment(s) (9-Y 0-N)
- **2026-01-29** Reported from Labor and Commerce with amendment(s) (22-Y 0-N) `committee-passage`
- **2026-02-01** Fiscal Impact Statement from State Corporation Commission (HB327)
- **2026-02-02** Read first time `reading-1`
- **2026-02-03** Read second time `reading-2`
- **2026-02-03** committee amendments agreed to `amendment-passage`
- **2026-02-03** Engrossed by House as amended
- **2026-02-04** Read third time and passed House (97-Y 1-N 0-A) `passage, reading-3`
- **2026-02-04** Reconsideration of passage agreed to by House
- **2026-02-04** Passed House (98-Y 0-N 0-A) `passage`
- **2026-02-05** Constitutional reading dispensed (on 1st reading)
- **2026-02-05** Referred to Committee on Commerce and Labor `referral-committee`
- **2026-02-23** Reported from Commerce and Labor (15-Y 0-N) `committee-passage`
- **2026-02-25** Rules suspended
- **2026-02-25** Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
- **2026-02-25** Passed by for the day Block Vote (Voice Vote)
- **2026-02-26** Read third time `reading-3`
- **2026-02-26** Passed Senate (40-Y 0-N 0-A) `passage`
- **2026-03-02** Fiscal Impact Statement from State Corporation Commission (HB327)
- **2026-03-03** Enrolled `enrolled`
- **2026-03-03** Bill text as passed House and Senate (HB327ER) `passage`
- **2026-03-03** Signed by Speaker `passage`
- **2026-03-03** Signed by President `passage`
- **2026-03-05** Fiscal Impact Statement from State Corporation Commission (HB327)
- **2026-03-10** Enrolled Bill communicated to Governor on March 10, 2026 `enrolled, executive-receipt`
- **2026-03-10** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
- **2026-04-13** Approved by Governor-Chapter 793 (effective 7/1/2026) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b4718488-91c7-4600-99e4-a59810a12b8c`. Confidence: reported (aggregated from official Virginia legislature records).