Travel insurance; establishes procedures and requirements. (SB1565)

Introduced By

Sen. Siobhan Dunnavant (R-Henrico)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Travel insurance. Establishes procedures and requirements for travel protection plans and travel administrators. The measure establishes travel insurance as an inland marine line of insurance sold by property and casualty insurance agents. The measure (i) prohibits any person from acting as a limited lines travel insurance agent unless properly licensed, (ii) prohibits any person from acting as a travel retailer unless properly registered, and (iii) authorizes the State Corporation Commission to take enforcement actions, including suspending, revoking, or terminating a license. The measure establishes a premium tax on travel insurance premiums paid by residents of the Commonwealth and establishes acceptable practices for the sale and advertising of travel insurance. The measure applies to travel insurance policies purchased on or after July 1, 2019. This bill is identical to HB 2186. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19102495D
01/09/2019Referred to Committee on Commerce and Labor
01/20/2019Impact statement from SCC (SB1565)
01/28/2019Reported from Commerce and Labor with substitute (12-Y 0-N) (see vote tally)
01/28/2019Committee substitute printed 19105896D-S1
01/30/2019Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/31/2019Read second time
01/31/2019Reading of substitute waived
01/31/2019Committee substitute agreed to 19105896D-S1
01/31/2019Engrossed by Senate - committee substitute SB1565S1
02/01/2019Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/06/2019Placed on Calendar
02/06/2019Read first time
02/06/2019Referred to Committee on Commerce and Labor
02/10/2019Impact statement from SCC (SB1565S1)
02/12/2019House committee, floor amendments and substitutes offered
02/12/2019Reported from Commerce and Labor with amendment (22-Y 0-N) (see vote tally)
02/12/2019Read second time
02/13/2019Read third time
02/13/2019Committee amendment agreed to
02/13/2019Engrossed by House as amended
02/13/2019Passed House with amendment BLOCK VOTE (98-Y 0-N)
02/13/2019House amendment agreed to by Senate (38-Y 0-N) (see vote tally)
02/13/2019VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/18/2019Enrolled
02/18/2019Bill text as passed Senate and House (SB1565ER)
02/18/2019Signed by Speaker
02/19/2019Signed by President
02/20/2019G Governor's Action Deadline Midnight, March 25, 2019
02/20/2019Impact statement from SCC (SB1565ER)
02/20/2019Enrolled Bill Communicated to Governor on February 20, 2019
02/20/2019G Governor's Action Deadline Midnight, March 26, 2019
03/08/2019G Approved by Governor-Chapter 266 (effective 7/1/19)
03/08/2019G Acts of Assembly Chapter text (CHAP0266)