{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-414.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-414.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-414.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-414.html"}],"law_id":66062,"edition_id":1,"section_id":66062,"structure_id":15198,"section_number":"38.2-414","catch_line":"Assessments to fund program to reduce losses from motor vehicle thefts","history":"1991, c. 318; 1993, c. 196.","full_text":"A\n\nTo provide funds to establish and operate a statewide program to receive and reward information leading to the arrest of persons who commit motor vehicle theft-related crimes in Virginia, each insurer licensed to write insurance coverage as defined in § 38.2-124 shall, prior to March 1 of each year, pay an assessment equal to one-quarter of one percent of the total direct gross premium income for automobile physical damage insurance other than collision written in the Commonwealth during the preceding calendar year.B\n\nAssessments received pursuant to subsection A of this section, and all other moneys received by the Commission for the same purpose, shall be segregated and placed in a fund to be known as the Help Eliminate Automobile Theft Fund, hereinafter referred to as the HEAT Fund.C\n\nAny insurer that fails to pay the assessment on or before the date prescribed in subsection A shall be subject to a penalty imposed by the Commission. The penalty shall be ten percent of the assessment and interest shall be charged at a rate pursuant to § 58.1-1812 for the period between the date due and the date of full payment. If a payment is made in an amount later found to be in error, the Commission shall, (i) if an additional amount is due, notify the insurer of the additional amount, which the insurer shall pay within fourteen days of the date of the notice or, (ii) if an overpayment is made, order a refund of the amount of the overpayment, which shall be paid out of the HEAT Fund. The Commission shall be reimbursed from the Fund for all expenses necessary for the administration of this section.D\n\nThe HEAT Fund shall be controlled and administered by the Superintendent of the Department of State Police. The Superintendent shall appoint an advisory committee of seven members to assist in developing and annually reviewing the plan of operation for the HEAT Fund program.E\n\nMoney in the HEAT Fund shall be expended as follows:1\n\nTo pay the costs of establishing and operating a program to receive and reward information leading to the arrest of persons who commit motor vehicle theft-related crimes in Virginia.2\n\nAny uncommitted funds remaining in the HEAT Fund on the last day of February of each year may be transferred to the Department of State Police, Department of Motor Vehicles, or Department of Criminal Justice Services for the following purposes: (i) providing financial support to state or local law-enforcement agencies for motor vehicle theft enforcement efforts, (ii) providing financial support to local prosecutors or judicial agencies for programs designed to reduce the incidence of motor vehicle theft, and (iii) conducting educational programs to inform vehicle owners of methods of preventing motor vehicle theft.","order_by":null,"text":{"0":{"id":240025,"text":"To provide funds to establish and operate a statewide program to receive and reward information leading to the arrest of persons who commit motor vehicle theft-related crimes in Virginia, each insurer licensed to write insurance coverage as defined in § 38.2-124 shall, prior to March 1 of each year, pay an assessment equal to one-quarter of one percent of the total direct gross premium income for automobile physical damage insurance other than collision written in the Commonwealth during the preceding calendar year.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":240026,"text":"Assessments received pursuant to subsection A of this section, and all other moneys received by the Commission for the same purpose, shall be segregated and placed in a fund to be known as the Help Eliminate Automobile Theft Fund, hereinafter referred to as the HEAT Fund.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":240027,"text":"Any insurer that fails to pay the assessment on or before the date prescribed in subsection A shall be subject to a penalty imposed by the Commission. The penalty shall be ten percent of the assessment and interest shall be charged at a rate pursuant to § 58.1-1812 for the period between the date due and the date of full payment. If a payment is made in an amount later found to be in error, the Commission shall, (i) if an additional amount is due, notify the insurer of the additional amount, which the insurer shall pay within fourteen days of the date of the notice or, (ii) if an overpayment is made, order a refund of the amount of the overpayment, which shall be paid out of the HEAT Fund. The Commission shall be reimbursed from the Fund for all expenses necessary for the administration of this section.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":240028,"text":"The HEAT Fund shall be controlled and administered by the Superintendent of the Department of State Police. The Superintendent shall appoint an advisory committee of seven members to assist in developing and annually reviewing the plan of operation for the HEAT Fund program.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"4":{"id":240029,"text":"Money in the HEAT Fund shall be expended as follows:","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"E1"},"5":{"id":240030,"text":"To pay the costs of establishing and operating a program to receive and reward information leading to the arrest of persons who commit motor vehicle theft-related crimes in Virginia.","type":"section","prefixes":["E","1"],"prefix":"1","entire_prefix":"E1","prefix_anchor":"E1","level":2,"prior_prefix":"E","next_prefix":"E2"},"6":{"id":240031,"text":"Any uncommitted funds remaining in the HEAT Fund on the last day of February of each year may be transferred to the Department of State Police, Department of Motor Vehicles, or Department of Criminal Justice Services for the following purposes: (i) providing financial support to state or local law-enforcement agencies for motor vehicle theft enforcement efforts, (ii) providing financial support to local prosecutors or judicial agencies for programs designed to reduce the incidence of motor vehicle theft, and (iii) conducting educational programs to inform vehicle owners of methods of preventing motor vehicle theft.","type":"section","prefixes":["E","2"],"prefix":"2","entire_prefix":"E2","prefix_anchor":"E2","level":2,"prior_prefix":"E1"}},"ancestry":[{"id":15198,"edition_id":1,"name":"Assessment for Administration of Insurance Laws and Declarations of Estimated Assessments by Insurers","identifier":"4","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:52:54","date_modified":"2026-06-26 03:52:54","permalink":{"id":216339,"object_type":"structure","relational_id":15198,"identifier":"4","token":"38.2\/4","url":"\/38.2\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57860,"structure_id":15198,"section_number":"38.2-400","catch_line":"Expense of administration of insurance laws borne by licensees; minimum contribution","url":"\/38.2-400\/","token":"38.2\/4\/38.2-400","metadata":false},{"id":76092,"structure_id":15198,"section_number":"38.2-401","catch_line":"(Effective July 1, 2026) Fire Programs Fund","url":"\/38.2-401\/","token":"38.2\/4\/38.2-401","metadata":false},{"id":64176,"structure_id":15198,"section_number":"38.2-401.1","catch_line":"Dam Safety, Flood Prevention and Protection Assistance Fund assessment","url":"\/38.2-401.1\/","token":"38.2\/4\/38.2-401.1","metadata":false},{"id":77505,"structure_id":15198,"section_number":"38.2-402","catch_line":"Definitions","url":"\/38.2-402\/","token":"38.2\/4\/38.2-402","metadata":false},{"id":65532,"structure_id":15198,"section_number":"38.2-403","catch_line":"Assessment for expenses","url":"\/38.2-403\/","token":"38.2\/4\/38.2-403","metadata":false},{"id":75388,"structure_id":15198,"section_number":"38.2-403.1","catch_line":"Omitted assessments","url":"\/38.2-403.1\/","token":"38.2\/4\/38.2-403.1","metadata":false},{"id":59580,"structure_id":15198,"section_number":"38.2-404","catch_line":"Recovery of such assessments; revocation or suspension of license","url":"\/38.2-404\/","token":"38.2\/4\/38.2-404","metadata":false},{"id":73951,"structure_id":15198,"section_number":"38.2-405","catch_line":"Application for correction of assessment","url":"\/38.2-405\/","token":"38.2\/4\/38.2-405","metadata":false},{"id":69572,"structure_id":15198,"section_number":"38.2-406","catch_line":"Report of gross premium income","url":"\/38.2-406\/","token":"38.2\/4\/38.2-406","metadata":false},{"id":76137,"structure_id":15198,"section_number":"38.2-407","catch_line":"Repealed","url":"\/38.2-407\/","token":"38.2\/4\/38.2-407","metadata":false},{"id":79634,"structure_id":15198,"section_number":"38.2-412","catch_line":"Companies going out of business","url":"\/38.2-412\/","token":"38.2\/4\/38.2-412","metadata":false},{"id":80377,"structure_id":15198,"section_number":"38.2-413","catch_line":"Double assessment respecting same direct gross premium income negated","url":"\/38.2-413\/","token":"38.2\/4\/38.2-413","metadata":false},{"id":66062,"structure_id":15198,"section_number":"38.2-414","catch_line":"Assessments to fund program to reduce losses from motor vehicle thefts","url":"\/38.2-414\/","token":"38.2\/4\/38.2-414","metadata":false},{"id":61655,"structure_id":15198,"section_number":"38.2-415","catch_line":"Assessment to fund program to reduce losses from insurance fraud","url":"\/38.2-415\/","token":"38.2\/4\/38.2-415","metadata":false}],"previous_section":{"id":80377,"structure_id":15198,"section_number":"38.2-413","catch_line":"Double assessment respecting same direct gross premium income negated","url":"\/38.2-413\/","token":"38.2\/4\/38.2-413","metadata":false},"next_section":{"id":61655,"structure_id":15198,"section_number":"38.2-415","catch_line":"Assessment to fund program to reduce losses from insurance fraud","url":"\/38.2-415\/","token":"38.2\/4\/38.2-415","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-414\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 318 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. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. 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. That modification is as follows: in 1993, chapter 196.<\/p>","references":[{"id":87222,"section_number":"58.1-2508","catch_line":"Taxes applicable to insurance companies","order_by":null,"url":"\/58.1-2508\/"}],"refers_to":[{"id":66976,"section_number":"38.2-124","catch_line":"Motor vehicle","order_by":null,"url":"\/38.2-124\/"},{"id":72336,"section_number":"58.1-1812","catch_line":"Assessment of omitted taxes by the Department of Taxation","order_by":null,"url":"\/58.1-1812\/"}],"permalink":{"id":216389,"object_type":"law","relational_id":66062,"identifier":"38.2-414","token":"38.2\/4\/38.2-414","url":"\/38.2-414\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-414\/","token":"38.2\/4\/38.2-414","dublin_core":{"Title":"Assessments to fund program to reduce losses from motor vehicle thefts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-414","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> To provide funds to establish and operate a statewide program to receive and reward information leading to the arrest<\/span> of persons<\/span> who commit motor vehicle theft-related crimes<\/span> in Virginia, each insurer<\/span> licensed to write insurance<\/span> coverage as defined in § 38.2-124<\/a> shall, prior to March 1 of each year, pay an assessment equal to one-quarter of one percent of the total direct gross premium income<\/span> for automobile physical damage insurance<\/span> other than collision written in the Commonwealth during the preceding calendar year. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Assessments received pursuant to subsection A of this section, and all other moneys received by the Commission<\/span> for the same purpose, shall be segregated and placed in a fund to be known as the Help Eliminate Automobile Theft Fund, hereinafter referred to as the HEAT Fund. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Any insurer<\/span> that fails to pay the assessment on or before the date prescribed in subsection A shall be subject to a penalty<\/span> imposed by the Commission<\/span>. The penalty<\/span> shall be ten percent of the assessment and interest shall be charged at a rate<\/span> pursuant to § 58.1-1812<\/a> for the period between the date due and the date of full payment. If a payment is made in an amount later found to be in error, the Commission<\/span> shall, (i) if an additional amount is due, notify the insurer<\/span> of the additional amount, which the insurer<\/span> shall pay within fourteen days of the date of the notice or, (ii) if an overpayment is made, order<\/span> a refund of the amount of the overpayment, which shall be paid out of the HEAT Fund. The Commission<\/span> shall be reimbursed from the Fund for all expenses necessary for the administration of this section. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The HEAT Fund shall be controlled and administered by the Superintendent of the Department of State<\/span> Police. The Superintendent shall appoint an advisory committee of seven members to assist in developing and annually reviewing the plan of operation for the HEAT Fund program. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> Money in the HEAT Fund shall be expended as follows: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> To pay the costs of establishing and operating a program to receive and reward information leading to the arrest<\/span> of persons<\/span> who commit motor vehicle theft-related crimes<\/span> in Virginia. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Any uncommitted funds remaining in the HEAT Fund on the last day of February of each year may be transferred to the Department of State<\/span> Police, Department of Motor Vehicles, or Department of Criminal Justice Services for the following purposes: (i) providing financial support to state<\/span> or local law<\/span>-enforcement agencies for motor vehicle theft enforcement efforts, (ii) providing financial support to local prosecutors or judicial agencies for programs designed to reduce the incidence of motor vehicle theft, and (iii) conducting educational programs to inform vehicle owners of methods of preventing motor vehicle theft. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nASSESSMENTS TO FUND PROGRAM TO REDUCE LOSSES FROM MOTOR VEHICLE THEFTS (\u00a7\n38.2-414)\n\nA. To provide funds to establish and operate a statewide program to receive and\nreward information leading to the arrest of persons who commit motor vehicle\ntheft-related crimes in Virginia, each insurer licensed to write insurance\ncoverage as defined in § 38.2-124 shall, prior to March 1 of each year, pay\nan assessment equal to one-quarter of one percent of the total direct gross\npremium income for automobile physical damage insurance other than collision\nwritten in the Commonwealth during the preceding calendar year.\n\nB. Assessments received pursuant to subsection A of this section, and all other\nmoneys received by the Commission for the same purpose, shall be segregated and\nplaced in a fund to be known as the Help Eliminate Automobile Theft Fund,\nhereinafter referred to as the HEAT Fund.\n\nC. Any insurer that fails to pay the assessment on or before the date prescribed\nin subsection A shall be subject to a penalty imposed by the Commission. The\npenalty shall be ten percent of the assessment and interest shall be charged at\na rate pursuant to § 58.1-1812 for the period between the date due and the\ndate of full payment. If a payment is made in an amount later found to be in\nerror, the Commission shall, (i) if an additional amount is due, notify the\ninsurer of the additional amount, which the insurer shall pay within fourteen\ndays of the date of the notice or, (ii) if an overpayment is made, order a\nrefund of the amount of the overpayment, which shall be paid out of the HEAT\nFund. The Commission shall be reimbursed from the Fund for all expenses\nnecessary for the administration of this section.\n\nD. The HEAT Fund shall be controlled and administered by the Superintendent of\nthe Department of State Police. The Superintendent shall appoint an advisory\ncommittee of seven members to assist in developing and annually reviewing the\nplan of operation for the HEAT Fund program.\n\nE. Money in the HEAT Fund shall be expended as follows:\n\n 1. To pay the costs of establishing and operating a program to receive and\n reward information leading to the arrest of persons who commit motor vehicle\n theft-related crimes in Virginia.\n\n 2. Any uncommitted funds remaining in the HEAT Fund on the last day of\n February of each year may be transferred to the Department of State Police,\n Department of Motor Vehicles, or Department of Criminal Justice Services for\n the following purposes: (i) providing financial support to state or local\n law-enforcement agencies for motor vehicle theft enforcement efforts, (ii)\n providing financial support to local prosecutors or judicial agencies for\n programs designed to reduce the incidence of motor vehicle theft, and (iii)\n conducting educational programs to inform vehicle owners of methods of\n preventing motor vehicle theft.\n\nHISTORY: 1991, c. 318; 1993, c. 196.","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}}