SB 166

Virginia Senate bill in Session 2026.

Status: enacted. Latest action: April 8, 2026.

Insurance; contingent deferred annuities, nonforfeiture benefits.

Bill ID VA-2026-SB-166
Session 2026
Status enacted
Committee Labor and Commerce; Commerce and Labor
Senate enacted 2026-04-08
Business / Commerce Insurance / Consumer Protection
Summary

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.

Sponsor
McPike
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-07 Introduced Bill introduced
2026-04-08 Status enacted
2026-04-08 Latest Action Acts of Assembly Chapter text (CHAP0486)
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