VA SB 166
enactedInsurance; contingent deferred annuities, nonforfeiture benefits.
Virginia · 2026 Regular Session · upper
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Quick answers
Did VA SB 166 pass?
Yes. VA SB 166 has been enacted into law. Latest recorded action (2026-04-08): Acts of Assembly Chapter text (CHAP0486)
What is VA SB 166 about?
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.
Who sponsors VA SB 166?
Jeremy S. McPike is the primary sponsor of VA SB 166.
Description
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.
- Introduced
- 2026-01-07
- Latest action
- 2026-04-08 — Acts of Assembly Chapter text (CHAP0486)
- Bill type
- bill
- Last updated
- —
Sponsors
- Jeremy S. McPikeprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-04-08
Acts of Assembly Chapter text (CHAP0486)
2026-04-08
Approved by Governor-Chapter 486 (effective 7/1/2026)
executive-signature
2026-03-23
Fiscal Impact Statement from State Corporation Commission (SB166)
2026-03-10
Governor's Action Deadline 11:59 p.m., April 13, 2026
executive-receipt
2026-03-10
Enrolled Bill communicated to Governor on March 10, 2026
enrolled,executive-receipt
2026-03-09
Signed by President
passage
2026-03-09
Signed by Speaker
passage
2026-03-09
Bill text as passed Senate and House (SB166ER)
passage
2026-03-09
Enrolled
enrolled
2026-03-03
Passed House (97-Y 0-N 0-A)
passage
2026-03-03
Read third time
reading-3
2026-03-02
Read second time
reading-2
2026-02-26
Reported from Labor and Commerce (21-Y 0-N)
committee-passage
2026-02-24
Subcommittee recommends reporting (9-Y 0-N)
2026-02-17
Assigned HCL sub: Subcommittee #1
referral-committee
2026-02-04
Referred to Committee on Labor and Commerce
referral-committee
2026-02-04
Read first time
reading-1
2026-02-04
Placed on Calendar
2026-01-30
Read third time and passed Senate (38-Y 0-N 0-A)
passage,reading-3
2026-01-29
Engrossed by Senate (Voice Vote)
2026-01-29
Read second time
reading-2
2026-01-28
Passed by for the day
2026-01-28
Passed by for the day Block Vote (Voice Vote)
2026-01-28
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
2026-01-28
Rules suspended
2026-01-26
Reported from Commerce and Labor (15-Y 0-N)
committee-passage
2026-01-26
Fiscal Impact Statement from State Corporation Commission (SB166)
2026-01-07
Referred to Committee on Commerce and Labor
referral-committee
2026-01-07
Prefiled and ordered printed; Offered 01-14-2026 26101910D
filing,introduction
Versions
Documents
Votes
Reported from Commerce and Labor
2026-01-26 · pass · 15-0
Member-level votes (15)
- R. Creigh Deeds: yes
- Mark D. Obenshain: yes
- L. Louise Lucas: yes
- David W. Marsden: yes
- Adam P. Ebbin: yes
- Scott A. Surovell: yes
- William M. Stanley, Jr.: yes
- Ryan T. McDougle: yes
- Mamie E. Locke: yes
- Bryce E. Reeves: yes
- Bill DeSteph: yes
- Jeremy S. McPike: yes
- Mark J. Peake: yes
- Aaron R. Rouse: yes
- Lamont Bagby: yes
Constitutional reading dispensed R
2026-01-28 · pass · 40-0
Member-level votes (40)
- Lashrecse D. Aird: yes
- Lamont Bagby: yes
- Jennifer B. Boysko: yes
- Jennifer D. Carroll Foy: yes
- Luther Cifers, III: yes
- Christie New Craig: yes
- R. Creigh Deeds: yes
- Bill DeSteph: yes
- J.D. "Danny" Diggs: yes
- Tara A. Durant: yes
- Adam P. Ebbin: yes
- Barbara A. Favola: yes
- Timmy French: yes
- T. Travis Hackworth: yes
- Christopher T. Head: yes
- Michael J. Jones: yes
- Emily M. Jordan: yes
- Mamie E. Locke: yes
- L. Louise Lucas: yes
- David W. Marsden: yes
- Ryan T. McDougle: yes
- Jeremy S. McPike: yes
- Tammy Brankley Mulchi: yes
- Mark D. Obenshain: yes
- Mark J. Peake: yes
- Stella G. Pekarsky: yes
- Russet Perry: yes
- Todd E. Pillion: yes
- Bryce E. Reeves: yes
- Danica A. Roem: yes
- Aaron R. Rouse: yes
- Saddam Azlan Salim: yes
- Kannan Srinivasan: yes
- William M. Stanley, Jr.: yes
- Richard H. Stuart: yes
- Glen H. Sturtevant, Jr.: yes
- David R. Suetterlein: yes
- Scott A. Surovell: yes
- Schuyler T. VanValkenburg: yes
- Angelia Williams Graves: yes
Passage R
2026-01-30 · pass · 38-0
Member-level votes (40)
- Lashrecse D. Aird: yes
- Lamont Bagby: yes
- Jennifer B. Boysko: yes
- Jennifer D. Carroll Foy: yes
- Luther Cifers, III: yes
- Christie New Craig: yes
- R. Creigh Deeds: yes
- Bill DeSteph: yes
- J.D. "Danny" Diggs: yes
- Tara A. Durant: yes
- Adam P. Ebbin: yes
- Barbara A. Favola: yes
- Timmy French: yes
- T. Travis Hackworth: yes
- Christopher T. Head: yes
- Michael J. Jones: yes
- Emily M. Jordan: yes
- Mamie E. Locke: yes
- L. Louise Lucas: yes
- David W. Marsden: yes
- Ryan T. McDougle: yes
- Jeremy S. McPike: yes
- Tammy Brankley Mulchi: not voting
- Mark D. Obenshain: yes
- Mark J. Peake: yes
- Stella G. Pekarsky: yes
- Russet Perry: yes
- Todd E. Pillion: yes
- Bryce E. Reeves: yes
- Danica A. Roem: yes
- Aaron R. Rouse: yes
- Saddam Azlan Salim: yes
- Kannan Srinivasan: yes
- William M. Stanley, Jr.: yes
- Richard H. Stuart: not voting
- Glen H. Sturtevant, Jr.: yes
- David R. Suetterlein: yes
- Scott A. Surovell: yes
- Schuyler T. VanValkenburg: yes
- Angelia Williams Graves: yes
Subcommittee recommends reporting
2026-02-24 · pass · 9-0
Member-level votes (9)
- Michelle Lopes Maldonado: yes
- Richard C. "Rip" Sullivan, Jr.: yes
- Irene Shin: yes
- Laura Jane Cohen: yes
- Rae Cousins: yes
- JJ Singh: yes
- Terry G. Kilgore: yes
- Israel D. O'Quinn: yes
- Jason S. Ballard: yes
Reported from Labor and Commerce
2026-02-26 · pass · 21-0
Member-level votes (22)
- Jeion A. Ward: yes
- Richard C. "Rip" Sullivan, Jr.: yes
- Alfonso H. Lopez: yes
- Kelly K. Convirs-Fowler: yes
- Dan I. Helmer: yes
- Michelle Lopes Maldonado: yes
- Irene Shin: yes
- Destiny LeVere Bolling: yes
- Michael B. Feggans: yes
- Nadarius E. Clark: yes
- Rae Cousins: yes
- Bonita G. Anthony: yes
- Laura Jane Cohen: yes
- JJ Singh: yes
- May Nivar: yes
- Terry G. Kilgore: yes
- Israel D. O'Quinn: yes
- Michael J. Webert: yes
- Tony O. Wilt: yes
- Chris S. Runion: yes
- Jason S. Ballard: yes
- Wren M. Williams: not voting
H VOTE:
2026-03-03 · pass · 97-0
Member-level votes (99)
- Jessica L. Anderson: yes
- Bonita G. Anthony: yes
- Alex Q. Askew: yes
- Terry L. Austin: yes
- Jason S. Ballard: yes
- Robert S. Bloxom, Jr.: yes
- Gretchen M. Bulova: yes
- Katrina Callsen: not voting
- Karen R. "Kacey" Carnegie: yes
- Betsy B. Carr: yes
- Stacey Annie Carroll: yes
- Mike A. Cherry: yes
- Nadarius E. Clark: yes
- Laura Jane Cohen: yes
- Joshua G. Cole: yes
- Nicole Cole: yes
- Kelly K. Convirs-Fowler: yes
- Mitchell Cornett: yes
- Rae Cousins: yes
- Will Davis: yes
- Karrie K. Delaney: yes
- Lindsey Dougherty: yes
- Mark C. Downey: yes
- Michael B. Feggans: yes
- Hyland F. "Buddy" Fowler, Jr.: yes
- Lily V. Franklin: yes
- Margaret A. Franklin: yes
- Debra D. Gardner: yes
- Thomas A. Garrett, Jr.: yes
- Jackie H. Glass: yes
- Timothy P. Griffin: yes
- Elizabeth R. Guzman: yes
- Karen Hamilton: yes
- C.E. Cliff Hayes, Jr.: yes
- Dan I. Helmer: yes
- Rozia A. Henson, Jr.: yes
- Phil M. Hernandez: yes
- Charniele L. Herring: not voting
- M. Keith Hodges: yes
- Patrick A. Hope: yes
- Hillary Pugh Kent: yes
- Karen Keys-Gamarra: yes
- Terry G. Kilgore: yes
- Paul E. Krizek: yes
- Amy J. Laufer: yes
- James A. "Jay" Leftwich: yes
- Destiny LeVere Bolling: yes
- Alfonso H. Lopez: yes
- Michelle Lopes Maldonado: yes
- Marty Martinez: yes
- John Chilton McAuliff: yes
- Adele Y. McClure: yes
- Garrett McGuire: yes
- Ellen H. McLaughlin: yes
- Joseph P. McNamara: yes
- Kirk McPike: yes
- Delores L. McQuinn: yes
- Leslie Chambers Mehta: yes
- James W. Morefield: yes
- May Nivar: yes
- Delores Oates: yes
- Israel D. O'Quinn: yes
- Justin Pence: yes
- Eric Phillips: yes
- Kimberly Pope Adams: yes
- Marcia S. "Cia" Price: yes
- Sam Rasoul: yes
- Atoosa R. Reaser: yes
- David A. Reid: yes
- Chris S. Runion: yes
- Charlie Schmidt: yes
- Don Scott: yes
- Phillip A. Scott: yes
- Holly M. Seibold: yes
- Briana D. Sewell: yes
- Irene Shin: yes
- Marcus B. Simon: yes
- Shelly A. Simonds: yes
- JJ Singh: yes
- Richard C. "Rip" Sullivan, Jr.: yes
- Anne Ferrell Tata: yes
- Joshua E. Thomas: yes
- Virgil Thornton: yes
- Luke E. Torian: yes
- Kathy K.L. Tran: yes
- H. Otto Wachsmann, Jr.: yes
- Wendell S. Walker: yes
- Jeion A. Ward: yes
- R. Lee Ware: yes
- Vivian E. Watts: yes
- Michael J. Webert: yes
- Madison Whittle: yes
- Bill Wiley: yes
- Rodney T. Willett: yes
- Wren M. Williams: yes
- Tony O. Wilt: yes
- Thomas C. Wright, Jr.: yes
- Scott A. Wyatt: yes
- Eric R. Zehr: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z
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