SB1219: Paid family leave; SCC's Bureau of Insurance to review and make recommendations, report.


SENATE BILL NO. 1219
AMENDMENT IN THE NATURE OF A SUBSTITUTE
(Proposed by the House Committee on Labor and Commerce
on February 18, 2021)
(Patron Prior to Substitute--Senator Favola)
A BILL to direct the Bureau of Insurance to review and make recommendations regarding paid family and medical leave.

Be it enacted by the General Assembly of Virginia:

1. § 1. The State Corporation Commission's Bureau of Insurance (the Bureau) shall make recommendations regarding any necessary statutory changes that would permit the sale of private insurance plans that would help meet the policy goals identified in the "Paid Family and Medical Leave Study" published by the Offices of the Secretary of Commerce and Trade and the Chief Workforce Development Advisor in September 2020 and coexist as part of a statewide paid family and medical leave program, administered by the Commonwealth, as outlined in such study. In conducting its review, the Bureau shall convene a stakeholder group to participate in the process, which shall include representatives from the insurance industry, the business community, including small and mid-size businesses that have had difficulty purchasing private insurance in the past, labor organizations, advocates for paid family leave and medical leave, and other interested parties. The Bureau shall report its findings and recommendations to the Senate Committees on Commerce and Labor and Finance and Appropriations and the House Committees on Labor and Commerce and Appropriations by November 30, 2021.


SENATE BILL NO. 1219
Senate Amendments in [ ] – January 21, 2021
A BILL to direct the Bureau of Insurance to review and make recommendations regarding paid family leave.
Patrons Prior to Engrossment--Senator Favola; Delegate: Kory

Referred to Committee on Commerce and Labor

Be it enacted by the General Assembly of Virginia:

1. § 1. The State Corporation Commission's Bureau of Insurance (the Bureau) shall review and make recommendations, including any necessary statutory and regulatory changes, to authorize the State Corporation Commission to approve the sale of individual and group paid family leave plans in Virginia. In conducting its review, the Bureau shall also identify options and make recommendations for encouraging or incentivizing employers to voluntarily offer [ up to ] 12 weeks of paid family leave and any associated general fund expenses that may be associated with the identified options. The Bureau shall convene a stakeholder group to participate in the process, which shall include representatives from the insurance industry and the business community, advocates for paid family leave, and other interested parties. The Bureau shall report its findings and recommendations to the Senate Committees on Commerce and Labor and Finance and Appropriations and the House Committees on Labor and Commerce and Appropriations by November 30, 2021.

SENATE BILL NO. 1219

Offered January 13, 2021
Prefiled January 11, 2021
A BILL to direct the Bureau of Insurance to review and make recommendations regarding paid family leave.
Patrons-- Favola; Delegate: Kory

Referred to Committee on Commerce and Labor

Be it enacted by the General Assembly of Virginia:

1. § 1. The State Corporation Commission's Bureau of Insurance (the Bureau) shall review and make recommendations, including any necessary statutory and regulatory changes, to authorize the State Corporation Commission to approve the sale of individual and group paid family leave plans in Virginia. In conducting its review, the Bureau shall also identify options and make recommendations for encouraging or incentivizing employers to voluntarily offer 12 weeks of paid family leave and any associated general fund expenses that may be associated with the identified options. The Bureau shall convene a stakeholder group to participate in the process, which shall include representatives from the insurance industry and the business community, advocates for paid family leave, and other interested parties. The Bureau shall report its findings and recommendations to the Senate Committees on Commerce and Labor and Finance and Appropriations and the House Committees on Labor and Commerce and Appropriations by November 30, 2021.