SB 166 VA

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Became Law

Insurance; contingent deferred annuities; nonforfeiture benefits. Permits the State Corporation Commission to adopt reasonable standards for contingent deferred annuities, as defined in the bill, including nonforfeiture benefits. The bill subjects contingent deferred annuities to certain requirements applicable under current law to other types of insurance contracts.

• Jeremy S. McPike Democratic · primary

1. Jan 7, 2026 Prefiled and ordered printed; Offered 01-14-2026 26101910D · upper
2. Jan 7, 2026 Referred to Committee on Commerce and Labor · upper
3. Jan 26, 2026 Fiscal Impact Statement from State Corporation Commission (SB166) · upper
4. Jan 26, 2026 Reported from Commerce and Labor (15-Y 0-N) · upper
5. Jan 28, 2026 Rules suspended · upper
6. Jan 28, 2026 Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) · upper
7. Jan 28, 2026 Passed by for the day Block Vote (Voice Vote) · upper
8. Jan 28, 2026 Passed by for the day · upper
9. Jan 29, 2026 Read second time · upper
10. Jan 29, 2026 Engrossed by Senate (Voice Vote) · upper
11. Jan 30, 2026 Read third time and passed Senate (38-Y 0-N 0-A) · upper
12. Feb 4, 2026 Placed on Calendar · lower
13. Feb 4, 2026 Read first time · lower
14. Feb 4, 2026 Referred to Committee on Labor and Commerce · lower
15. Feb 17, 2026 Assigned HCL sub: Subcommittee #1 · lower
16. Feb 24, 2026 Subcommittee recommends reporting (9-Y 0-N) · lower
17. Feb 26, 2026 Reported from Labor and Commerce (21-Y 0-N) · lower
18. Mar 2, 2026 Read second time · lower
19. Mar 3, 2026 Read third time · lower
20. Mar 3, 2026 Passed House (97-Y 0-N 0-A) · lower
21. Mar 9, 2026 Enrolled · upper
22. Mar 9, 2026 Bill text as passed Senate and House (SB166ER) · upper
23. Mar 9, 2026 Signed by Speaker · lower
24. Mar 9, 2026 Signed by President · upper
25. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · upper
26. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
27. Mar 23, 2026 Fiscal Impact Statement from State Corporation Commission (SB166) · upper
28. Apr 8, 2026 Approved by Governor-Chapter 486 (effective 7/1/2026) · executive
29. Apr 8, 2026 Acts of Assembly Chapter text (CHAP0486) · executive

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Chaptered · PDF
• Chaptered · HTML
• Enrolled · PDF
• Enrolled · HTML
• Introduced · PDF
• Introduced · HTML