{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/32.1-352.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/32.1-352.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/32.1-352.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/32.1-352.html"}],"law_id":66737,"edition_id":1,"section_id":66737,"structure_id":15498,"section_number":"32.1-352","catch_line":"Virginia Family Access to Medical Insurance Security Plan Trust Fund","history":"1997, c. 679; 1999, c. 1034; 2000, cc. 824, 848; 2011, c. 850; 2013, cc. 136, 210.","full_text":"A\n\nThere is hereby created in the state treasury a special nonreverting fund to be known as the Virginia Family Access to Medical Insurance Security Plan Trust Fund, hereinafter referred to as the “Fund.” The Fund shall be established on the books of the Comptroller and shall be administered by the Director of the Department of Medical Assistance Services. The Fund shall consist of the premium differential, any and all employer contributions which may be solicited or received by the Department of Medical Assistance Services, grants, donations, gifts, and bequests, or any and all moneys designated for the Fund, from any source, public or private. As used in this section, “premium differential” means an amount equal to the difference between (i) 0.75 percent of the direct gross subscriber fee income derived from eligible contracts and (ii) the amount of license tax revenue generated pursuant to former subdivision A 4 of § 58.1-2501 with respect to eligible contracts. As used in this section, “eligible contract” means any subscription contract for any kind of plan classified and defined in § 38.2-4201 or 38.2-4501 issued other than to (i) an individual or (ii) a primary small group employer if income from the contract is subject to license tax at the rate of 2.25 percent pursuant to former subsection D of § 38.2-4229.1. The Department of Taxation shall annually, on or before June 30, calculate the premium differential for the immediately preceding taxable year and notify the Comptroller of the Commonwealth to transfer such amount to the Virginia Family Access to Medical Insurance Security Plan Trust Fund as established on the books of the Comptroller.B\n\nAny moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely to support the Virginia Family Access to Medical Insurance Security Plan in accordance with the requirements of Title XXI of the Social Security Act, as amended, the Commonwealth’s plan for the State Children’s Health Insurance Program (SCHIP), as established in Subtitle J of the federal Balanced Budget Act of 1997 (P. L. 105-33), and any conditions set forth in the appropriation act.C\n\nThe Director of the Department of Medical Assistance Services shall report annually on December 1 to the Governor, the General Assembly, and the Joint Commission on Health Care on the status of the Fund, the number of children served by this program, the costs of such services, and any issues related to the Virginia Family Access to Medical Insurance Security Plan that may need to be addressed.","order_by":null,"text":{"0":{"id":242027,"text":"There is hereby created in the state treasury a special nonreverting fund to be known as the Virginia Family Access to Medical Insurance Security Plan Trust Fund, hereinafter referred to as the “Fund.” The Fund shall be established on the books of the Comptroller and shall be administered by the Director of the Department of Medical Assistance Services. The Fund shall consist of the premium differential, any and all employer contributions which may be solicited or received by the Department of Medical Assistance Services, grants, donations, gifts, and bequests, or any and all moneys designated for the Fund, from any source, public or private. As used in this section, “premium differential” means an amount equal to the difference between (i) 0.75 percent of the direct gross subscriber fee income derived from eligible contracts and (ii) the amount of license tax revenue generated pursuant to former subdivision A 4 of § 58.1-2501 with respect to eligible contracts. As used in this section, “eligible contract” means any subscription contract for any kind of plan classified and defined in § 38.2-4201 or 38.2-4501 issued other than to (i) an individual or (ii) a primary small group employer if income from the contract is subject to license tax at the rate of 2.25 percent pursuant to former subsection D of § 38.2-4229.1. The Department of Taxation shall annually, on or before June 30, calculate the premium differential for the immediately preceding taxable year and notify the Comptroller of the Commonwealth to transfer such amount to the Virginia Family Access to Medical Insurance Security Plan Trust Fund as established on the books of the Comptroller.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":242028,"text":"Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely to support the Virginia Family Access to Medical Insurance Security Plan in accordance with the requirements of Title XXI of the Social Security Act, as amended, the Commonwealth’s plan for the State Children’s Health Insurance Program (SCHIP), as established in Subtitle J of the federal Balanced Budget Act of 1997 (P. L. 105-33), and any conditions set forth in the appropriation act.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":242029,"text":"The Director of the Department of Medical Assistance Services shall report annually on December 1 to the Governor, the General Assembly, and the Joint Commission on Health Care on the status of the Fund, the number of children served by this program, the costs of such services, and any issues related to the Virginia Family Access to Medical Insurance Security Plan that may need to be addressed.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15498,"edition_id":1,"name":"Family Access to Medical Insurance Security Plan","identifier":"13","label":"chapter","depth":2,"order_by":1,"parent_id":12727,"metadata":{},"date_created":"2026-06-26 03:55:34","date_modified":"2026-06-26 03:55:34","permalink":{"id":201607,"object_type":"structure","relational_id":15498,"identifier":"13","token":"32.1\/13","url":"\/32.1\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12727,"edition_id":1,"name":"Health","identifier":"32.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":201099,"object_type":"structure","relational_id":12727,"identifier":"32.1","token":"32.1","url":"\/32.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":86147,"structure_id":15498,"section_number":"32.1-351","catch_line":"Family Access to Medical Insurance Security Plan established","url":"\/32.1-351\/","token":"32.1\/13\/32.1-351","metadata":false},{"id":59066,"structure_id":15498,"section_number":"32.1-351.1","catch_line":"Assistance with employer-sponsored health insurance","url":"\/32.1-351.1\/","token":"32.1\/13\/32.1-351.1","metadata":false},{"id":75225,"structure_id":15498,"section_number":"32.1-351.2","catch_line":"Children's Health Insurance Program Advisory Committee; purpose; membership; etc","url":"\/32.1-351.2\/","token":"32.1\/13\/32.1-351.2","metadata":false},{"id":66737,"structure_id":15498,"section_number":"32.1-352","catch_line":"Virginia Family Access to Medical Insurance Security Plan Trust Fund","url":"\/32.1-352\/","token":"32.1\/13\/32.1-352","metadata":false},{"id":64145,"structure_id":15498,"section_number":"32.1-353","catch_line":"Rights and responsibilities","url":"\/32.1-353\/","token":"32.1\/13\/32.1-353","metadata":false}],"previous_section":{"id":75225,"structure_id":15498,"section_number":"32.1-351.2","catch_line":"Children's Health Insurance Program Advisory Committee; purpose; membership; etc","url":"\/32.1-351.2\/","token":"32.1\/13\/32.1-351.2","metadata":false},"next_section":{"id":64145,"structure_id":15498,"section_number":"32.1-353","catch_line":"Rights and responsibilities","url":"\/32.1-353\/","token":"32.1\/13\/32.1-353","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/32.1-352\/","history_text":"

This law was first created in 1997. The record of its establishment is cataloged in chapter 679<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1999, chapter 1034<\/a>; in 2000, chapters 824<\/a> and 848<\/a>; in 2011, chapter 850<\/a>; in 2013, chapters 136<\/a> and 210<\/a>.<\/p>","references":[{"id":85176,"section_number":"38.2-1700","catch_line":"Purpose and applicability of chapter","order_by":null,"url":"\/38.2-1700\/"}],"refers_to":[{"id":76897,"section_number":"38.2-4201","catch_line":"Definitions","order_by":null,"url":"\/38.2-4201\/"},{"id":86012,"section_number":"38.2-4229.1","catch_line":"Conversion to domestic mutual insurer","order_by":null,"url":"\/38.2-4229.1\/"},{"id":78064,"section_number":"38.2-4501","catch_line":"Definitions","order_by":null,"url":"\/38.2-4501\/"},{"id":68558,"section_number":"58.1-2501","catch_line":"Levy of license tax","order_by":null,"url":"\/58.1-2501\/"}],"permalink":{"id":201621,"object_type":"law","relational_id":66737,"identifier":"32.1-352","token":"32.1\/13\/32.1-352","url":"\/32.1-352\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/32.1-352\/","token":"32.1\/13\/32.1-352","dublin_core":{"Title":"Virginia Family Access to Medical Insurance Security Plan Trust Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 32.1-352","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby created in the state treasury a special nonreverting fund to be known as the Virginia Family Access to Medical Insurance Security Plan Trust Fund, hereinafter referred to as the “Fund.” The Fund shall be established on the books of the Comptroller and shall be administered by the Director of the Department<\/span> of Medical Assistance Services. The Fund shall consist of the premium differential<\/span>, any and all employer contributions which may be solicited or received by the Department<\/span> of Medical Assistance Services, grants, donations, gifts, and bequests, or any and all moneys designated for the Fund, from any source, public or private. As used in this section, “premium differential<\/span>” means an amount equal to the difference between (i) 0.75 percent of the direct gross subscriber fee income derived from eligible contracts<\/span> and (ii) the amount of license tax revenue generated pursuant to former subdivision A 4 of § 58.1-2501<\/a> with respect to eligible contracts<\/span>. As used in this section, “eligible contract<\/span>” means any subscription contract for any kind of plan classified and defined in § 38.2-4201<\/a> or 38.2-4501<\/a> issued other than to (i) an individual or (ii) a primary small group employer if income from the contract is subject to license tax at the rate of 2.25 percent pursuant to former subsection D of § 38.2-4229.1<\/a>. The Department<\/span> of Taxation shall annually, on or before June 30, calculate the premium differential<\/span> for the immediately preceding taxable year and notify the Comptroller of the Commonwealth to transfer such amount to the Virginia Family Access to Medical Insurance Security Plan Trust Fund as established on the books of the Comptroller. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely to support the Virginia Family Access to Medical Insurance Security Plan in accordance with the requirements of Title XXI of the Social Security Act, as amended, the Commonwealth’s plan for the State Children’s Health Insurance Program (SCHIP), as established in Subtitle J of the federal Balanced Budget Act of 1997 (P. L. 105-33), and any conditions set forth in the appropriation act. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The Director of the Department<\/span> of Medical Assistance Services shall report annually on December 1 to the Governor, the General Assembly, and the Joint Commission on Health Care on the status of the Fund, the number of children served by this program, the costs of such services, and any issues<\/span> related to the Virginia Family Access to Medical Insurance Security Plan that may need to be addressed. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVIRGINIA FAMILY ACCESS TO MEDICAL INSURANCE SECURITY PLAN TRUST FUND (\u00a7\n32.1-352)\n\nA. There is hereby created in the state treasury a special nonreverting fund to\nbe known as the Virginia Family Access to Medical Insurance Security Plan Trust\nFund, hereinafter referred to as the “Fund.” The Fund shall be\nestablished on the books of the Comptroller and shall be administered by the\nDirector of the Department of Medical Assistance Services. The Fund shall\nconsist of the premium differential, any and all employer contributions which\nmay be solicited or received by the Department of Medical Assistance Services,\ngrants, donations, gifts, and bequests, or any and all moneys designated for the\nFund, from any source, public or private. As used in this section,\n“premium differential” means an amount equal to the difference\nbetween (i) 0.75 percent of the direct gross subscriber fee income derived from\neligible contracts and (ii) the amount of license tax revenue generated pursuant\nto former subdivision A 4 of § 58.1-2501 with respect to eligible\ncontracts. As used in this section, “eligible contract” means any\nsubscription contract for any kind of plan classified and defined in §\n38.2-4201 or 38.2-4501 issued other than to (i) an individual or (ii) a primary\nsmall group employer if income from the contract is subject to license tax at\nthe rate of 2.25 percent pursuant to former subsection D of § 38.2-4229.1.\nThe Department of Taxation shall annually, on or before June 30, calculate the\npremium differential for the immediately preceding taxable year and notify the\nComptroller of the Commonwealth to transfer such amount to the Virginia Family\nAccess to Medical Insurance Security Plan Trust Fund as established on the books\nof the Comptroller.\n\nB. Any moneys remaining in the Fund, including interest thereon, at the end of\neach fiscal year shall not revert to the general fund but shall remain in the\nFund. Moneys in the Fund shall be used solely to support the Virginia Family\nAccess to Medical Insurance Security Plan in accordance with the requirements of\nTitle XXI of the Social Security Act, as amended, the Commonwealth’s plan\nfor the State Children’s Health Insurance Program (SCHIP), as established\nin Subtitle J of the federal Balanced Budget Act of 1997 (P. L. 105-33), and any\nconditions set forth in the appropriation act.\n\nC. The Director of the Department of Medical Assistance Services shall report\nannually on December 1 to the Governor, the General Assembly, and the Joint\nCommission on Health Care on the status of the Fund, the number of children\nserved by this program, the costs of such services, and any issues related to\nthe Virginia Family Access to Medical Insurance Security Plan that may need to\nbe addressed.\n\nHISTORY: 1997, c. 679; 1999, c. 1034; 2000, cc. 824, 848; 2011, c. 850; 2013,\ncc. 136, 210.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}