Virginia bills · 2026 Regular Session
Virginia SB 622
Title insurance; schedule of risk rates, policy rates.
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- David W. Marsden (Democratic)
Summary
Official abstract published by the Virginia legislature· SUMMARY AS PASSED SENATE
Title insurance; schedule of risk rates. Requires each title insurance company to publish its schedule of risk rates, including policies, endorsements, closing protection letter fees, any rate classifications or groupings, and any modifications or amendments. The bill prohibits a title insurance company or a title insurance agency or agent from charging a policy rate for a title insurance policy that exceeds those set forth in the title insurance company's published schedule of policy rates, with certain exceptions. Notwithstanding such prohibition, the bill permits a title insurance company or its agent to charge policy rates that it negotiates on policies insuring an owner-occupied primary residence in which a natural person or estate planning entity is in title.
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 8:07 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Mar 2, 2026 House | Tabled in Courts of Justice | pass | Set your home in Virginia to see |
| Jan 30, 2026 Senate | Passage R | pass | Set your home in Virginia to see |
| Jan 28, 2026 Senate | Constitutional reading dispensed R | pass | Set your home in Virginia to see |
| Jan 26, 2026 Senate | Reported from Commerce and Labor with substitute | pass | Set your home in Virginia to see |
Actions
- Mar 2, 2026 · House
Tabled in Courts of Justice (14-Y 4-N) - Feb 26, 2026 · House
Referred from Labor and Commerce and referred to Courts of Justice and rereferred to Courts of Justice (Voice Vote) - Feb 24, 2026 · House
Subcommittee recommends referring to Courts of Justice and rereferred to Courts of Justice (Voice Vote) - Feb 17, 2026 · House
Assigned HCL sub: Subcommittee #1 - Feb 4, 2026 · House
Referred to Committee on Labor and Commerce - Feb 4, 2026 · House
Read first time - Feb 4, 2026 · House
Placed on Calendar - Feb 3, 2026 · Senate
Fiscal Impact Statement from State Corporation Commission (SB622) - Jan 30, 2026 · Senate
Read third time and passed Senate - Jan 29, 2026 · Senate
Engrossed by Senate - committee substitute - Jan 29, 2026 · Senate
Engrossed by Senate (Voice Vote) - Jan 29, 2026 · Senate
Commerce and Labor Substitute agreed to - Jan 29, 2026 · Senate
Read second time - Jan 28, 2026 · Senate
Passed by for the day - Jan 28, 2026 · Senate
Passed by for the day Block Vote (Voice Vote) - Jan 28, 2026 · Senate
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A) - Jan 28, 2026 · Senate
Rules suspended - Jan 27, 2026 · Senate
Committee substitute printed 26106256D-S1 - Jan 26, 2026 · Senate
Senate committee offered - Jan 26, 2026 · Senate
Reported from Commerce and Labor with substitute (15-Y 0-N) - Jan 14, 2026 · Senate
Referred to Committee on Commerce and Labor - Jan 14, 2026 · Senate
Prefiled and ordered printed; Offered 01-14-2026 26104036D