HB 1682 Virginia House of Delegates · 2025 Regular Session

Surplus lines broker taxes; certain insurance policies.

Summary

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 by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District beginning in calendar year 2025. This bill is identical to SB 1269.

Issues: ✓ Budget & Taxes

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

House of Delegates Passage

Feb 2025

Senate Passage

Feb 2025

Signed into Law

Mar 2025

Introduced Jan 3, 2025 Signed Mar 19, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Enrolled → Chaptered · 2 edits

MINOR

The bill was formally enacted into law as Chapter 124 of the Virginia Acts of Assembly for the 2025 session. The primary change is the addition of an official approval date, March 19, 2025, which signifies that the legislation has been signed and is now active law. No substantive policy changes, such as new rules, funding amounts, or eligibility criteria, are present in this specific text.

TECHNICAL

Added the official approval date of March 19, 2025, confirming the bill has become law.

Removed the placeholder text indicating the bill was merely approved without a specific date.

Floor votes · Senate Feb 12, 2025 · House of Delegates Jan 24, 2025

How they voted

39–0

Passed · 1 other

Total votes 40

Feb 12, 2025

D Democratic21

21 Yea

100% Yea

R Republican19

18 Yea 1

94% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 19, 2025

Signed into law

Approved by Governor-Chapter 124 (Effective 07/01/25)

Feb 20, 2025

Senate · Passed

Signed by President

Feb 17, 2025

House of Delegates · Passed

Signed by Speaker

Feb 17, 2025

House of Delegates · Passed

Bill text as passed House and Senate (HB1682ER)

Feb 12, 2025

Senate · Passed

Passed Senate with substitute (39-Y 0-N)

Feb 11, 2025

Senate · Passed

Passed by for the day

Feb 11, 2025

Senate · Reported by committee

Reported from Finance and Appropriations (13-Y 0-N)

Feb 10, 2025

Senate · Reported by committee

Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (15-Y 0-N)

Jan 27, 2025

Senate · Referred to committee

Referred to Committee on Commerce and Labor

Jan 24, 2025

House of Delegates · Passed

Read third time and passed House (97-Y 0-N)

Jan 20, 2025

House of Delegates · Reported by committee

Reported from Finance (22-Y 0-N)

Jan 14, 2025

House of Delegates · Reported by committee

Subcommittee recommends reporting (8-Y 0-N)

Jan 13, 2025

House of Delegates · Referred to committee

Assigned Finance sub: Subcommittee #2

Jan 3, 2025

House of Delegates · Referred to committee

Referred to Committee on Finance

1 primary · 0 co-sponsors