Benefits consortium; created for private institutions of higher education. (HB3021)

Introduced By

Del. Phil Hamilton (R-Newport News)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Private institutions of higher education benefits consortium. Authorizes five or more private educational institutions to form a benefits consortium for the purpose of establishing a self-funded employee welfare benefit plan. The benefits consortium will be a nonstock corporation that will operate a benefits plan to be governed by and subject to the provisions of the federal Employee Retirement Income Security Act of 1974. The benefits consortium will be exempt from taxation and from insurance regulations. Read the Bill »


03/08/2007: signed by governor


01/10/2007Presented and ordered printed 072352316
01/10/2007Referred to Committee on Education
01/11/2007Presented and ordered printed 072352316
01/11/2007Referred to Committee on Education
01/18/2007Assigned Education sub: Higher Education (Rust)
01/30/2007Read first time
01/31/2007Read second time and engrossed
02/01/2007Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/01/2007VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/01/2007Communicated to Senate
02/02/2007Constitutional reading dispensed
02/02/2007Referred to Committee on Education and Health
02/09/2007Constitutional reading dispensed (39-Y 0-N)
02/09/2007VOTE: (39-Y 0-N) (see vote tally)
02/12/2007Read third time
02/12/2007Passed Senate (40-Y 0-N)
02/12/2007VOTE: (40-Y 0-N) (see vote tally)
02/16/2007Bill text as passed House and Senate (HB3021ER)
02/16/2007Signed by Speaker
02/19/2007Signed by President
03/08/2007G Approved by Governor-Chapter 136 (effective 7/1/07)
03/14/2007G Acts of Assembly Chapter text (CHAP0136)