VA HB2069 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 7 2025 - 25% progression
Action: 2025-01-21 - Subcommittee recommends reporting with substitute (6-Y 1-N)
Hearing: Jan 23 in House Committee Room A - 008
Text: Latest bill text (Comm Sub) [HTML]

Summary

Insurance; Fire Programs Fund; purposes; Aid to Localities Grant Program. Increases the assessment on certain insurance companies from one percent to 1.5 percent. The bill provides that the portion of the Fire Programs Fund allocated to localities may be used for the additional purposes of (i) constructing, improving, or expanding fire station facilities; (ii) providing mental health resources for fire personnel; or (iii) hiring additional fire personnel and funding recruitment and retention programs. The bill also prohibits such funds from being used, except as provided, for the purposes of investments, operating expenses, debt repayment, taxes, or fees. The bill also establishes the Aid to Localities Grant Program, to be funded by 0.25 percent of the assessments on insurance companies, for the purposes of providing assistance to local fire departments that are at risk of closing or facing major violations due to the lack of funds needed to be in compliance with relevant laws and regulations.

Tracking Information

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Title

Insurance; additional purposes for Fire Programs Fund Aid to Localities Grant Program established.

Sponsors


Roll Calls

2025-01-21 - House - Subcommittee recommends reporting with substitute (6-Y 1-N) (Y: 6 N: 1 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2025-01-21HouseSubcommittee recommends reporting with substitute (6-Y 1-N)
2025-01-15HouseFiscal Impact Statement from Department of Planning and Budget (HB2069)
2025-01-14HouseAssigned L & C sub: Subcommittee #1
2025-01-07HouseReferred to Committee on Labor and Commerce
2025-01-07HousePrefiled and ordered printed; Offered 01-13-2025 25104456D

Virginia State Sources


Bill Comments

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