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HB353

Benefits consortium; sponsoring association.

Status:
In Senate

Latest Action: Feb. 5, 2026
Senate: Referred to Committee on Commerce and Labor

Chief Patron:
Katrina Callsen (D)

Session:
2026 Regular Session

Summary

As Introduced. Benefits consortium; sponsoring association.

Provides that the sponsoring association of a benefits consortium that offers health benefit plans to the members of such sponsoring association may operate as a nonprofit entity under ? 501(c)(3), 501(c)(5), or 501(c)(6) of the Internal Revenue Code. Under current law, such a sponsoring association may only operate under ? 501(c)(5) or 501(c)(6) of the Internal Revenue Code. (Less)
  • Bill History

  • 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26101926D
  • 01/12/2026 - House: Referred to Committee on Labor and Commerce
  • 01/19/2026 - House: Assigned HCL sub: Subcommittee #1
  • 01/23/2026 - House: Placed on Labor and Commerce Agenda
  • 01/25/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB353)
  • 01/27/2026 - House: Subcommittee recommends reporting (9-Y 0-N)
  • 01/28/2026 - House: Placed on Labor and Commerce Agenda
  • 01/29/2026 - House: Reported from Labor and Commerce (22-Y 0-N)
  • 02/02/2026 - House: Read first time
  • 02/03/2026 - House: Read second time and engrossed
  • 02/04/2026 - House: Read third time and passed House (97-Y 1-N 0-A)
  • 02/04/2026 - House: Reconsideration of passage agreed to by House
  • 02/04/2026 - House: Passed House Block Vote (98-Y 0-N 0-A)
  • 02/05/2026 - Senate: Constitutional reading dispensed (on 1st reading)
  • 02/05/2026 - Senate: Referred to Committee on Commerce and Labor

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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