SB775
Insurance; increases fees for vehicles, etc.
Status:
In Senate
Latest Action:
Feb. 3, 2026
Senate: Fiscal Impact Statement from Department of Planning and Budget (SB775)
Chief Patron:
Travis Hackworth (R)
Session:
2026 Regular Session
Summary
As Introduced. Insurance; Fire Programs Fund; fees for vehicles; Virginia At Risk Fire Grant Program established; Firefighter Personal Protective Equipment (PPE) Fund established.
Increases the fire insurance assessment from one percent of total direct gross premium income for such insurance to (i) 1.5 percent on and after July 1, 2026, but before July 1, 2027, and (ii) two percent on and after July 1, 2027. The bill also increases the vehicle registration fee ... (More) used to provide support for emergency medical services from $4.25 to $6.25 for each pickup or panel truck and each motor vehicle. (Less)-
Bill History
- 01/22/2026 - Senate: Presented and ordered printed 26104610D
- 01/22/2026 - Senate: Referred to Committee on Commerce and Labor
- 02/02/2026 - Senate: Reported from Commerce and Labor and rereferred to Finance and Appropriations (13-Y 0-N)
- 02/02/2026 - Senate: Rereferred to Finance and Appropriations
- 02/03/2026 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB775)
