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.
more...
Biennium Fiscal Year Source GF NGF Total
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 Chapter1, 2024 Acts of Assembly $107,562 $155,930,611 $156,038,173
2022-2024 2024 Chapter1, 2024 Acts of Assembly $20,522,719 $152,070,611 $172,593,330
2024-2026 2025 Chapter 2, 2024 Acts of Assembly, Special Session 1 $25,530,333 $519,431,020 $544,961,353
2024-2026 2025 Base Budget $20,107,562 $152,070,611 $172,178,173
2024-2026 2025 Governor's Amendments $5,422,771 $367,270,409 $372,693,180
2024-2026 2025 General Assembly Adjustments $0 $90,000 $90,000
2024-2026 2026 Chapter 2, 2024 Acts of Assembly, Special Session 1 $67,530,333 $544,493,671 $612,024,004
2024-2026 2026 Base Budget $20,107,562 $152,070,611 $172,178,173
2024-2026 2026 Governor's Amendments $47,422,771 $392,333,060 $439,755,831
2024-2026 2026 General Assembly Adjustments $0 $90,000 $90,000
Positions Budget Summary
Biennium Fiscal Year Source GF NGF Total
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 Chapter1, 2024 Acts of Assembly 0.00 715.00 715.00
2022-2024 2024 Chapter1, 2024 Acts of Assembly 0.00 715.00 715.00
2024-2026 2025 Chapter 2, 2024 Acts of Assembly, Special Session 1 0.00 797.00 797.00
2024-2026 2025 Base Budget 0.00 715.00 715.00
2024-2026 2025 Governor's Amendments 0.00 81.00 81.00
2024-2026 2025 General Assembly Adjustments 0.00 1.00 1.00
2024-2026 2026 Chapter 2, 2024 Acts of Assembly, Special Session 1 0.00 799.00 799.00
2024-2026 2026 Base Budget 0.00 715.00 715.00
2024-2026 2026 Governor's Amendments 0.00 83.00 83.00
2024-2026 2026 General Assembly Adjustments 0.00 1.00 1.00
Operating Budget Addenda (in order of greatest impact)
•
Adjust appropriation for centrally funded five percent salary increase for state employees Base Budget Adjustment
  Adjusts appropriation for the five percent salary increase for state employees budgeted in Central Appropriations, Item 483 S. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $6,212 $6,212
Nongeneral Fund $6,642,269 $6,642,269
•
Adjust appropriation for centrally funded changes to state health insurance premiums Base Budget Adjustment
  Adjusts appropriation for the employer’s share of health insurance premiums budgeted in Central Appropriations, Item 483 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
Nongeneral Fund $353,442 $353,442
•
Adjust appropriation for centrally funded changes to agency information technology costs Base Budget Adjustment
  Adjusts appropriation for changes to information technology and telecommunications usage budgeted in Central Appropriations, Item 484 C. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
Nongeneral Fund $113,966 $113,966
•
Adjust appropriation for centrally funded changes to Cardinal Human Capital Management System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Human Capital Management System internal service fund charges budgeted in Central Appropriations, Item 484 G. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $75 $75
Nongeneral Fund $80,679 $80,679
•
Adjust appropriation for centrally funded changes to Cardinal Financials System charges Base Budget Adjustment
  Adjusts appropriation for changes to Cardinal Financials System internal service fund charges budgeted in Central Appropriations, Item 484 F. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($37) ($37)
Nongeneral Fund ($51,954) ($51,954)
•
Adjust appropriation for centrally funded workers’ compensation premium changes Base Budget Adjustment
  Adjusts appropriation for workers’ compensation premiums budgeted in Central Appropriations, Item 483 P. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($32) ($32)
Nongeneral Fund ($50,277) ($50,277)
•
Adjust appropriation for centrally funded information technology auditors and security officers Base Budget Adjustment
  Adjusts appropriation for information technology auditors and information security officers budgeted in Central Appropriations, Item 484 E. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $64 $64
Nongeneral Fund $16,538 $16,538
•
Adjust appropriation for centrally funded property insurance premium charges Base Budget Adjustment
  Adjusts appropriation for property insurance premiums billed by the Department of the Treasury’s Division of Risk Management budgeted in Central Appropriations, Item 484 J. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
Nongeneral Fund ($14,327) ($14,327)
•
Adjust appropriation for centrally funded changes to Performance Budgeting system charges Base Budget Adjustment
  Adjusts appropriation for changes to Performance Budgeting system internal service fund charges budgeted in Central Appropriations, Item 484 H. of Chapter 2, 2022 Acts of Assembly, Special Session I.
 
  FY FY
General Fund ($3) ($3)
Nongeneral Fund ($1,343) ($1,343)
•
Provide additional appropriation for the Reinsurance Program Decision Package
  Increases appropriation to reimburse individual health insurance market carriers for eligible expenses. The Reinsurance Program is supported through federal funding provided through the Patient Protection and Affordable Care Act Section 1332 State Innovation Waiver and state funds.
 
  FY FY
General Fund $5,000,000 $47,000,000
Nongeneral Fund $331,877,124 $354,120,000
•
Provide additional resources for the health benefit exchange Decision Package
  Transitions the federally-supported health benefit exchange to a state-supported platform. The start-up and implementation costs of the state-based health benefit exchange are supported through a working capital advance.
 
  FY FY
Nongeneral Fund $22,279,104 $25,098,879
Positions 27.00 29.00
•
Provide additional nongeneral fund appropriation and positions Decision Package
  Provides resources for the agency to address an increase in regulatory work, fulfill cybersecurity requirements and initiatives, and continue statutory requirements for railroad and pipeline safety.
 
  FY FY
Nongeneral Fund $6,025,188 $6,025,188
Positions 54.00 54.00
•
Continue Chapter 1 funding changes: Fund federal defrayal cost of state-mandated essential health benefits to provide hearing aid coverage for minors Decision Package
  Provides for the ongoing impact of appropriation changes included in Chapter 1, 2023 Special Session I. Funds 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 pursuant to Chapter 473 of the Acts of Assembly of 2023, provides coverage of hearing aids for individuals under the age of 18 applies to all qualified health plans.
 
  FY FY
General Fund $415,157 $415,157
•
Continue Chapter 1 funding changes: Provide funding for two percent salary increase Decision Package
  Adjusts appropriation for the two percent salary increase for state and state supported local employees budgeted in Central Appropriations, Paragraphs S, T, U, and V of Item 483, Chapter 1, 2023 Acts of Assembly, Special Session I.
 
  FY FY
General Fund $1,335 $1,335
•
Establish 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.
•
HB 800: Pole Attachments General Assembly Adjustment
  This amendment provides $180,000 over the biennium from nongeneral funds to effectuate the provisions of House Bill 800 of the 2024 General Assembly.
 
  FY FY
Nongeneral Fund $90,000 $90,000
Positions 1.00 1.00
•
Commonwealth Health Reinsurance Prog. Premium Reduction Target General Assembly Adjustment
  This amendment adds language requiring the State Corporation Commission to set out the target amount of the premium reduction percentage for the Commonwealth Health Reinsurance Program Plan Year 2025 at 15 percent, pursuant to the provisions in House Bill 591, 2024 Regular Session.
•
Expungement of Police and Court Records (HB 838 & SB 504) General Assembly Adjustment
  This adjustment reflects the nongeneral fund revenue transferred to the Virginia State Police.
•
Guidance on Essential Health Benefits General Assembly Adjustment
  This amendment directs the Bureau of Insurance to seek clarity from the Centers for Medicare and Medicaid Services on two service provisions related to nutritional counseling and eating disorder services within Virginia s essential health benefits benchmark plan and report back its findings. This is a recommendation of the Joint Commission on Health Care.


p3_bullets - Official Enacted Budget - 11-02-2026 10:12:52