State Corporation Commission [171]
Secretarial Area: Independent Agencies
Operating Budget Summary
This table shows the Governor's proposed budget for the next two years and the agency's official budget for the previous six years.
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Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly $201,256 $99,190,592 $99,391,848
2016-2018 2018 Chapter 1, 2018 Acts of Assembly $201,292 $107,161,601 $107,362,893
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly $101,278 $107,319,117 $107,420,395
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly $101,278 $109,979,950 $110,081,228
2020-2022 2021 Chapter 1, 2022 Acts of Assembly $453,671 $124,074,925 $124,528,596
2020-2022 2022 Chapter 1, 2022 Acts of Assembly $103,671 $147,563,259 $147,666,930
2022-2024 2023 Chapter 1, 2023 Acts of Assembly, Special Session 1 $107,562 $155,930,611 $156,038,173
2022-2024 2023 Previous Legislative Appropriation $107,562 $155,930,611 $156,038,173
2022-2024 2023 Governor's Amendments $0 $0 $0
2022-2024 2023 General Assembly Adjustments $0 $0 $0
2022-2024 2024 Chapter 1, 2023 Acts of Assembly, Special Session 1 $20,522,719 $152,070,611 $172,593,330
2022-2024 2024 Previous Legislative Appropriation $20,107,562 $152,070,611 $172,178,173
2022-2024 2024 Governor's Amendments $0 $10,000,000 $10,000,000
2022-2024 2024 General Assembly Adjustments $415,157 ($10,000,000) ($9,584,843)
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
2016-2018 2017 Chapter 1, 2018 Acts of Assembly 0.00 665.00 665.00
2016-2018 2018 Chapter 1, 2018 Acts of Assembly 0.00 675.00 675.00
2018-2020 2019 Chapter 1283, 2020 Acts of Assembly 0.00 675.00 675.00
2018-2020 2020 Chapter 1283, 2020 Acts of Assembly 0.00 676.00 676.00
2020-2022 2021 Chapter 1, 2022 Acts of Assembly 0.00 699.00 699.00
2020-2022 2022 Chapter 1, 2022 Acts of Assembly 0.00 715.00 715.00
2022-2024 2023 Chapter 1, 2023 Acts of Assembly, Special Session 1 0.00 715.00 715.00
2022-2024 2023 Previous Legislative Appropriation 0.00 715.00 715.00
2022-2024 2023 Governor's Amendments 0.00 0.00 0.00
2022-2024 2023 General Assembly Adjustments 0.00 0.00 0.00
2022-2024 2024 Chapter 1, 2023 Acts of Assembly, Special Session 1 0.00 715.00 715.00
2022-2024 2024 Previous Legislative Appropriation 0.00 715.00 715.00
2022-2024 2024 Governor's Amendments 0.00 0.00 0.00
2022-2024 2024 General Assembly Adjustments 0.00 0.00 0.00
Operating Budget Addenda (in order of greatest impact)
•
Increase nongeneral fund appropriation for the State Health Benefit Exchange Decision Package
  Funds the information technology costs of the State Health Benefit Exchange. The start-up and implementation costs of the state-based health benefit exchange are supported through a working capital advance.
 
  FY FY
Nongeneral Fund $0 $10,000,000
•
Create reinsurance program service area Decision Package
  Creates a new service area for the administration of the Commonwealth Health Reinsurance Program. The reinsurance program, established pursuant to Chapter 480 of the 2021 Virginia Acts of Assembly, Special Session I, reimburses individual market health insurers for a percentage of an enrollee's claims costs.
•
Revert surplus general fund balance Decision Package
  Adds language requiring the Director, Department of Planning and Budget, to revert surplus general fund balance.
•
Reverse Introduced Operating Budget Amendments (2023 Session HB 1400 Conference Action) General Assembly Adjustment
  This amendment reverses the operating budget amendments proposed in HB 1400 / SB 800 as introduced. The passage of the conference substitute to HB 1400 nullifies the introduced amendments. To reflect the General Assembly action, this amendment reverses the aggregate total of proposed introduced budget changes for this agency.
 
  FY FY
Nongeneral Fund $0 ($10,000,000)
•
2023 Special Session I Amendments: SCC - Hearing Aid Coverage for Minors (SB 1003) General Assembly Adjustment
  This amendment provides $415,157 the second year from the general fund for the defrayal of federal costs of a state-mandated benefit on qualified health plans that exceeds the essential health benefits benchmark plan. The costs of such state mandate must be defrayed by the state in accordance with the federal Affordable Care Act. In addition, language is included to override state statute to ensure the state mandate in Senate Bill 1003, that provides coverage of hearing aids for individuals under the age of 18 applies to all qualified health plans.
 
  FY FY
General Fund $0 $415,157
•
2023 Special Session I Amendments: SCC - Commonwealth Health Reinsurance Program General Assembly Adjustment
  This amendment provides guidance to the Bureau of Insurance to continue the Commonwealth Health Reinsurance Program in plan year 2024 with a premium reduction target of 15 percent.
•
2023 Special Session I Amendments: SCC - Revert GF Balances General Assembly Adjustment
  This amendment reverts $372,869 in excess general fund appropriation from the State Corporation Commission.


p3_bullets - Official Enacted Budget - 06-05-2025 20:23:30