Fabio
93 lines
4.7 KiB
Markdown
93 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Insurance; contingent deferred annuities, nonforfeiture benefits."
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description: "Insurance; contingent deferred annuities; nonforfeiture benefits. Permits the State Corporation Commission to adopt reasonable standards for contingent deferred annuities, as defined in the bill, including nonforfeiture benefits. The bill subjects contingent deferred annuities to certain requirements applicable under current law to other types of insurance contracts."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2026"
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identifier: "SB 166"
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citation: "Virginia SB 166 (2026)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Jeremy S. McPike"]
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version_count: 3
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action_count: 29
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vote_count: 6
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first_action: "2026-01-07"
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last_action: "2026-04-08"
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source: "openstates"
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source_identifier: "ocd-bill/0ad1ce30-7d6a-48a0-98cf-5fa9971d5c17"
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source_url: "https://lis.virginia.gov/bill-details/20261/SB166"
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source_hash: "d6df6b6aeeb60e4109cfb96ddfdc926aae4d79f3c73110f0d742f194f8ff72e5"
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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 SB 166 (2026) — Insurance; contingent deferred annuities, nonforfeiture benefits.
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Insurance; contingent deferred annuities; nonforfeiture benefits. Permits the State Corporation Commission to adopt reasonable standards for contingent deferred annuities, as defined in the bill, including nonforfeiture benefits. The bill subjects contingent deferred annuities to certain requirements applicable under current law to other types of insurance contracts.
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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. **Introduced** (filed) — [source](https://lis.blob.core.windows.net/files/1083607.PDF)
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2. **Chaptered** (committee substitute) — [source](https://lis.blob.core.windows.net/files/1218219.HTML)
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3. **Enrolled** (enrolled) — [source](https://lis.blob.core.windows.net/files/1194873.PDF)
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## Votes
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- Reported from Labor and Commerce — **21–0** (pass) · lower
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- Reported from Commerce and Labor — **15–0** (pass) · upper
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- Subcommittee recommends reporting — **9–0** (pass) · lower
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- Constitutional reading dispensed R — **40–0** (pass) · upper
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- H VOTE: — **97–0** (pass) · lower
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- Passage R — **38–0** (pass) · upper
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## Sponsors
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- Jeremy S. McPike — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-01-07** Prefiled and ordered printed; Offered 01-14-2026 26101910D `filing, introduction`
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- **2026-01-07** Referred to Committee on Commerce and Labor `referral-committee`
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- **2026-01-26** Fiscal Impact Statement from State Corporation Commission (SB166)
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- **2026-01-26** Reported from Commerce and Labor (15-Y 0-N) `committee-passage`
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- **2026-01-28** Rules suspended
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- **2026-01-28** Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
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- **2026-01-28** Passed by for the day Block Vote (Voice Vote)
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- **2026-01-28** Passed by for the day
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- **2026-01-29** Read second time `reading-2`
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- **2026-01-29** Engrossed by Senate (Voice Vote)
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- **2026-01-30** Read third time and passed Senate (38-Y 0-N 0-A) `passage, reading-3`
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- **2026-02-04** Placed on Calendar
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- **2026-02-04** Read first time `reading-1`
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- **2026-02-04** Referred to Committee on Labor and Commerce `referral-committee`
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- **2026-02-17** Assigned HCL sub: Subcommittee #1 `referral-committee`
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- **2026-02-24** Subcommittee recommends reporting (9-Y 0-N)
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- **2026-02-26** Reported from Labor and Commerce (21-Y 0-N) `committee-passage`
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- **2026-03-02** Read second time `reading-2`
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- **2026-03-03** Read third time `reading-3`
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- **2026-03-03** Passed House (97-Y 0-N 0-A) `passage`
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- **2026-03-09** Enrolled `enrolled`
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- **2026-03-09** Bill text as passed Senate and House (SB166ER) `passage`
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- **2026-03-09** Signed by Speaker `passage`
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- **2026-03-09** Signed by President `passage`
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- **2026-03-10** Enrolled Bill communicated to Governor on March 10, 2026 `enrolled, executive-receipt`
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- **2026-03-10** Governor's Action Deadline 11:59 p.m., April 13, 2026 `executive-receipt`
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- **2026-03-23** Fiscal Impact Statement from State Corporation Commission (SB166)
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- **2026-04-08** Approved by Governor-Chapter 486 (effective 7/1/2026) `executive-signature`
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- **2026-04-08** Acts of Assembly Chapter text (CHAP0486)
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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/0ad1ce30-7d6a-48a0-98cf-5fa9971d5c17`. Confidence: reported (aggregated from official Virginia legislature records).
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