Virginia House of Delegates bill in Session 2026.
Status: enacted. Latest action: April 6, 2026.
Benefits consortium; sponsoring association.
Benefits consortium; sponsoring association. Provides that the sponsoring association of a benefits consortium that offers health benefit plans to the members of such sponsoring association may operate as a nonprofit entity under ? 501(c)(3), 501(c)(5), or 501(c)(6) of the Internal Revenue Code. Under current law, such a sponsoring association may only operate under ? 501(c)(5) or 501(c)(6) of the Internal Revenue Code.
| Date | Event | Detail |
|---|---|---|
| 2026-01-12 | Introduced | Bill introduced |
| 2026-04-06 | Status | enacted |
| 2026-04-06 | Latest Action | Acts of Assembly Chapter text (CHAP0120) |