States / Virginia / HB 394

HB 394 In Committee

Fire Programs Fund; increases assessment.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Fire Programs Fund; assessment. Increases the fire insurance assessment from one percent of total direct gross premium income for such insurance to (i) 1.5 percent on and after July 1, 2026, but before July 1, 2027, and (ii) two percent on and after July 1, 2027.

Chamber
House
Introduced
Jan 12, 2026
Last action
Feb 18, 2026 — Left in Committee Appropriations
Session
2026
Momentum
29 · Low