HB572 • 2026

Uninsured Employer's Fund; administrative expenses.

An Act to amend and reenact § 65.2-1201 of the Code of Virginia, relating to Uninsured Employer's Fund; administrative expenses.

Labor

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Ward
Last action: 2026-04-06
Official status: Acts of Assembly Chapter
Effective date: Not listed

Plain English Breakdown

The official source material does not provide specific details about what exact costs are covered or who pays into the Uninsured Employer's Fund, leaving these points as unknowns.

Uninsured Employer's Fund; Administrative Expenses

This act changes how administrative costs are paid from the Uninsured Employer's Fund.

What This Bill Does

Changes the law to say that the Virginia Workers' Compensation Commission can use money in the Uninsured Employer's Fund for its operating costs.

Who It Names or Affects

The Virginia Workers' Compensation Commission

Terms To Know

Uninsured Employer's Fund: A fund that pays compensation to workers injured on the job when their employer does not have proper insurance.
Administrative expenses: The costs of running an organization, like salaries and fees for services.

Limits and Unknowns

Does not specify how much money will be in the fund or what exact costs it covers.
Does not say who pays into the Uninsured Employer's Fund.

Bill History

2026-04-06 Governor
Approved by Governor-Chapter 174 (effective 7/1/2026)
2026-04-06 Governor
Approved by Governor-Chapter 174 (effective 7/1/2026)
2026-04-06 Governor
Acts of Assembly Chapter text (CHAP0174)
2026-03-10 House
Enrolled Bill communicated to Governor on March 10, 2026
2026-03-10 Governor
Governor's Action Deadline 11:59 p.m., April 13, 2026
2026-03-03 House
Signed by Speaker
2026-03-03 Senate
Signed by President
2026-03-03 House
Enrolled
2026-03-03 House
Bill text as passed House and Senate (HB572ER)
2026-03-03 House
Fiscal Impact Statement from Department of Planning and Budget (HB572)
2026-02-26 Senate
Read third time
2026-02-26 Senate
Passed Senate Block Vote (40-Y 0-N 0-A)
2026-02-25 Senate
Rules suspended
2026-02-25 Senate
Passed by for the day
2026-02-25 Senate
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
2026-02-25 Senate
Passed by for the day Block Vote (Voice Vote)
2026-02-23 Commerce and Labor
Reported from Commerce and Labor (13-Y 0-N)
2026-02-03 Senate
Constitutional reading dispensed (on 1st reading)
2026-02-03 Commerce and Labor
Referred to Committee on Commerce and Labor
2026-02-02 House
Read third time and passed House Block Vote (99-Y 0-N 0-A)
2026-01-30 House
Read second time and engrossed
2026-01-29 House
Read first time
2026-01-27 Labor and Commerce
Reported from Labor and Commerce (22-Y 0-N)
2026-01-22 Subcommittee #2
Subcommittee recommends reporting (6-Y 1-N)
2026-01-20 Subcommittee #2
Assigned HCL sub: Subcommittee #2
2026-01-16 House
Fiscal Impact Statement from Department of Planning and Budget (HB572)
2026-01-13 House
Prefiled and ordered printed; Offered 01-14-2026 26104828D
2026-01-13 Labor and Commerce
Referred to Committee on Labor and Commerce

Official Summary Text

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 SB 520.

Current Bill Text

Read the full stored bill text

An Act to amend and reenact §
65.2-1201
of the Code of Virginia, relating to Uninsured Employer's Fund; administrative expenses.
Be it enacted by the General Assembly of Virginia:
1. That §
65.2-1201
of the Code of Virginia is amended and reenacted as follows:
§
65.2-1201
. Financing; tax; administrative expenses.
A. For the purpose of providing funds for compensation benefits awarded against any uninsured or self-insured employer under any provision of this chapter, a tax not to exceed one-half of one percent shall be assessed, collected and paid into the state treasury by the same persons and in the same manner as set forth in Chapter 10 (§
65.2-1000
et seq.) of this title.
B. This tax shall be in addition to the tax for the Workers' Compensation Commission Administrative Fund and the tax for the Second Injury Fund and shall be held by the Comptroller of the Commonwealth solely for the payment of awards against
such fund
the Uninsured Employer's Fund and related administrative costs as authorized by subsection C
.
C.
The costs of administering the Uninsured Employer's Fund, including third-party administrator fees, legal fees, medical audit fees, applicable salaries and benefits, and any other direct expenses necessary to carry out the provisions of this chapter, shall be paid out of such fund. Funds used for such costs shall not be subject to recoupment under the provisions of §
65.2-1204
.
D.
At the end of any calendar year in which the Uninsured Employer's Fund has to its credit a sum in excess of the next year's budgeted expenditures, the tax shall be suspended for the ensuing calendar year.