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VA SB520

VA SB520
Uninsured Employer's Fund; administrative expenses.


summary

Introduced
01/13/2026
In Committee
02/19/2026
Crossed Over
01/29/2026
Passed
02/27/2026
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Uninsured Employer's Fund; administrative expenses. Provides that the costs of administering the Uninsured Employer's Fund, which is administered by the Virginia Workers' Compensation Commission, are paid out of such fund. This bill is identical to HB 572.

AI Summary

This bill amends existing law to clarify that the costs associated with administering the Uninsured Employer's Fund, which is managed by the Virginia Workers' Compensation Commission, will be paid directly from that fund. This includes expenses like third-party administrator fees, legal costs, medical audit fees, salaries, benefits, and other direct operational expenses necessary to manage the fund and its related responsibilities under the law. The bill also specifies that funds used for these administrative costs will not be subject to recoupment under a different section of the law.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Signed by President (on 02/27/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/SB520
BillText https://lis.virginia.gov/bill-details/20261/SB520/text/SB520ER
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB520) https://lis.blob.core.windows.net/files/1185662.PDF
Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB520) https://lis.blob.core.windows.net/files/1091373.PDF
BillText https://lis.virginia.gov/bill-details/20261/SB520/text/SB520
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