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HB 327 VA
Became Law

Commonwealth Health Reinsurance Program; extension of program, percentage goal to decrease premium.

VA · session 2026 · Assembly / House · bill

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Introduced Jan 11, 2026

Latest action (Apr 13, 2026) Approved by Governor-Chapter 793 (effective 7/1/2026)

Summary

Commonwealth Health Reinsurance Program; extension of program; percentage goal to decrease premium. Directs the State Corporation Commission to apply to the appropriate federal agencies under the federal Patient Protection and Affordable Care Act for an extension of the existing State Innovation Waiver authorizing the Commonwealth to implement a reinsurance program. The existing State Innovation Waiver is set to expire on January 1, 2028. Additionally, the bill removes the 20 percent upper limit of the premium reduction goal under the Commonwealth Health Reinsurance Program. As introduced, this bill was a recommendation of the Health Insurance Reform Commission.

Sponsor (1)

4 coauthors / cosponsors

Action history (31)

  1. Jan 11, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102839D · lower
  2. Jan 11, 2026 Referred to Committee on Labor and Commerce · lower
  3. Jan 19, 2026 Assigned HCL sub: Subcommittee #1 · lower
  4. Jan 27, 2026 House subcommittee offered · lower
  5. Jan 27, 2026 Subcommittee recommends reporting with amendment(s) (9-Y 0-N) · lower
  6. Jan 29, 2026 Reported from Labor and Commerce with amendment(s) (22-Y 0-N) · lower
  7. Feb 1, 2026 Fiscal Impact Statement from State Corporation Commission (HB327) · lower
  8. Feb 2, 2026 Read first time · lower
  9. Feb 3, 2026 Read second time · lower
  10. Feb 3, 2026 committee amendments agreed to · lower
  11. Feb 3, 2026 Engrossed by House as amended · lower
  12. Feb 4, 2026 Read third time and passed House (97-Y 1-N 0-A) · lower
  13. Feb 4, 2026 Reconsideration of passage agreed to by House · lower
  14. Feb 4, 2026 Passed House (98-Y 0-N 0-A) · lower
  15. Feb 5, 2026 Constitutional reading dispensed (on 1st reading) · upper
  16. Feb 5, 2026 Referred to Committee on Commerce and Labor · upper
  17. Feb 23, 2026 Reported from Commerce and Labor (15-Y 0-N) · upper
  18. Feb 25, 2026 Rules suspended · upper
  19. Feb 25, 2026 Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A) · upper
  20. Feb 25, 2026 Passed by for the day Block Vote (Voice Vote) · upper
  21. Feb 26, 2026 Read third time · upper
  22. Feb 26, 2026 Passed Senate (40-Y 0-N 0-A) · upper
  23. Mar 2, 2026 Fiscal Impact Statement from State Corporation Commission (HB327) · lower
  24. Mar 3, 2026 Enrolled · lower
  25. Mar 3, 2026 Bill text as passed House and Senate (HB327ER) · lower
  26. Mar 3, 2026 Signed by Speaker · lower
  27. Mar 3, 2026 Signed by President · upper
  28. Mar 5, 2026 Fiscal Impact Statement from State Corporation Commission (HB327) · lower
  29. Mar 10, 2026 Enrolled Bill communicated to Governor on March 10, 2026 · lower
  30. Mar 10, 2026 Governor's Action Deadline 11:59 p.m., April 13, 2026 · executive
  31. Apr 13, 2026 Approved by Governor-Chapter 793 (effective 7/1/2026) · executive

Text versions (9)

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.

  • Enrolled · PDF
  • Enrolled · HTML
  • Engrossed · PDF
  • Engrossed · HTML
  • Labor and Commerce Amendment · HTML
  • Labor and Commerce Amendment · HTML
  • Subcommittee #1 Subcommittee Amendment · HTML
  • Introduced · PDF
  • Introduced · HTML

Full text

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Data from OpenStates. View on OpenStates →