Fabio
84 lines
3.8 KiB
Markdown
84 lines
3.8 KiB
Markdown
---
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type: "Bill"
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title: "Life insurance; decreases the minimum nonforfeiture amount interest rate."
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description: "Standard nonforfeiture provisions for life insurance; minimum nonforfeiture amounts; interest rates. Decreases theminimum nonforfeiture amount interest rate from one percent to 0.15percent."
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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 44"
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citation: "Virginia HB 44 (2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["R. Lee Ware"]
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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: "2021-12-31"
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last_action: "2022-04-07"
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source: "openstates"
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source_identifier: "ocd-bill/800e206f-2212-4961-93b1-64b69c43aa26"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB44"
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source_hash: "86cef35ca0f36645ee4e076f67e93f08a9d68e2f4908c2c3a9fa16b34f044c72"
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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 44 (2022) — Life insurance; decreases the minimum nonforfeiture amount interest rate.
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Standard nonforfeiture provisions for life insurance; minimum nonforfeiture amounts; interest rates. Decreases theminimum nonforfeiture amount interest rate from one percent to 0.15percent.
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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. **CHAP0176** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0176)
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2. **HB44ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB44ER)
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3. **Prefiled and ordered printed; offered 01/12/22 22101312D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB44)
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## Votes
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- Reported from Commerce and Energy (21-Y 0-N) — **21–0** (pass) · lower
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- Reported from Commerce and Labor (15-Y 0-N) — **15–0** (pass) · upper
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- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
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- VOTE: Block Vote Passage (99-Y 0-N) — **98–0** (pass) · lower
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- Passed Senate (39-Y 0-N) — **39–0** (pass) · upper
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## Sponsors
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- R. Lee Ware — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-12-31** Prefiled and ordered printed; offered 01/12/22 22101312D `introduction`
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- **2021-12-31** Referred to Committee on Commerce and Energy `referral-committee`
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- **2022-01-12** Impact statement from SCC (HB44)
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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 (HB44ER)
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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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- **2022-04-07** Approved by Governor-Chapter 176 (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/800e206f-2212-4961-93b1-64b69c43aa26`. Confidence: reported (aggregated from official Virginia legislature records).
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