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Virginia · 2025 Regular Session · Bill

SB 670: Surplus line broker; any person required to be licensed as one shall not be subject to certain tax.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 670 is a bill introduced in the Virginia Senate on January 9, 2024. According to its official title, it concerns: Surplus line broker; any person required to be licensed as one shall not be subject to certain tax. Primary sponsor: Stella Pekarsky (Democratic). Most recent recorded action (November 19, 2024): Left in Finance and Appropriations.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Surplus line broker taxes. Provides that any surplus lines broker or any person required to be licensed as one shall not be subject to the annual taxes, license taxes, or penalties under current law for any policy of insurance procured during the preceding calendar year on behalf of a commuter rail system jointly operated by the Northern Virginia Transportation Commission and the Potomac and Rappahannock Transportation District.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Stella PekarskyPrimary sponsorDemocraticSenate36

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Left in Finance and Appropriations
  2. Continued to 2025 in Finance and Appropriations (14-Y 1-N)
  3. Rereferred to Finance and Appropriations
  4. Reported from Commerce and Labor (15-Y 0-N)
  5. Impact statement from TAX (SB670)
  6. Referred to Committee on Commerce and Labor
  7. Prefiled and ordered printed; offered 01/10/24 24102003D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source