SB166Introduced in the Senate
Insurance; contingent deferred annuities, nonforfeiture benefits.
Introduced by Jeremy McPike, District 29
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official 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.
Where it stands
Acts of Assembly Chapter text (CHAP0486)
April 8, 2026
How did lawmakers vote?
House of Delegates votes
3 recorded votes · each counted separately
Senate votes
3 recorded votes · each counted separately
House of DelegatesStage: Passed House (97-Y 0-N 0-A) · March 3, 2026
97
Yes
0
No
2
Absent or Not Voting
99 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each delegate voted
| Delegate | District | Vote |
|---|---|---|
| Patrick Hope | 1 | Yes |
| Adele McClure | 2 | Yes |
| Alfonso Lopez | 3 | Yes |
| Charniele Herring | 4 | Absent |
| Kirk McPike | 5 | Yes |
| Richard Sullivan | 6 | Yes |
| Karen Keys-Gamarra | 7 | Yes |
| Irene Shin | 8 | Yes |
| Karrie Delaney | 9 | Yes |
| Dan Helmer | 10 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26101910D
Referred to Committee on Commerce and Labor
Fiscal Impact Statement from State Corporation Commission (SB166)
Reported from Commerce and Labor (15-Y 0-N)
Rules suspended
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Passed by for the day
Read second time
Engrossed by Senate (Voice Vote)
Read third time and passed Senate (38-Y 0-N 0-A)
Placed on Calendar
Read first time
Referred to Committee on Labor and Commerce
Assigned HCL sub: Subcommittee #1
Subcommittee recommends reporting (9-Y 0-N)
Reported from Labor and Commerce (21-Y 0-N)
Read second time
Read third time
Passed House (97-Y 0-N 0-A)
Enrolled
Bill text as passed Senate and House (SB166ER)
Signed by Speaker
Signed by President
Enrolled Bill communicated to Governor on March 10, 2026
Governor's Action Deadline 11:59 p.m., April 13, 2026
Fiscal Impact Statement from State Corporation Commission (SB166)
Approved by Governor-Chapter 486 (effective 7/1/2026)
Acts of Assembly Chapter text (CHAP0486)
Verify the information
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