{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-2501.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-2501.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-2501.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-2501.1.html"}],"law_id":71244,"edition_id":1,"section_id":71244,"structure_id":12732,"section_number":"58.1-2501.1","catch_line":"Premium tax; travel insurance","history":"2019, cc. 266, 346.","full_text":"A\n\nAs used in this section:\n\t\t\t“Blanket travel insurance” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Primary certificate holder” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Primary policyholder” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Travel assistance services” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Travel insurance” has the same meaning ascribed thereto in § 38.2-1887.B\n\nA travel insurer shall pay premium tax as provided in \u00a7 58.1-2501 on travel insurance premiums paid by any of the following:1\n\nA primary policyholder who is a resident of the Commonwealth;2\n\nA primary certificate holder that is a resident of the Commonwealth; or3\n\nA blanket travel insurance policyholder that is a resident of the Commonwealth or that has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance in the Commonwealth for eligible blanket group members, subject to apportionment rules that apply to the insurer across multiple taxing jurisdictions or that permits the insurer to allocate premiums on an apportioned basis in a reasonable and equitable manner in those jurisdictions.C\n\nA travel insurer shall (i) document the state of residence or principal place of business of the primary policyholder or primary certificate holder and (ii) report as premium only the amount allocable to travel insurance and not any amounts received for travel assistance services or cancellation fee waivers.","order_by":null,"text":{"0":{"id":256785,"text":"As used in this section:\n\t\t\t“Blanket travel insurance” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Primary certificate holder” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Primary policyholder” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Travel assistance services” has the same meaning ascribed thereto in § 38.2-1887.\n\t\t\t“Travel insurance” has the same meaning ascribed thereto in § 38.2-1887.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":256786,"text":"A travel insurer shall pay premium tax as provided in \u00a7 58.1-2501 on travel insurance premiums paid by any of the following:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":256787,"text":"A primary policyholder who is a resident of the Commonwealth;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":256788,"text":"A primary certificate holder that is a resident of the Commonwealth; or","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":256789,"text":"A blanket travel insurance policyholder that is a resident of the Commonwealth or that has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance in the Commonwealth for eligible blanket group members, subject to apportionment rules that apply to the insurer across multiple taxing jurisdictions or that permits the insurer to allocate premiums on an apportioned basis in a reasonable and equitable manner in those jurisdictions.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"C"},"5":{"id":256790,"text":"A travel insurer shall (i) document the state of residence or principal place of business of the primary policyholder or primary certificate holder and (ii) report as premium only the amount allocable to travel insurance and not any amounts received for travel assistance services or cancellation fee waivers.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B3"}},"ancestry":[{"id":12732,"edition_id":1,"name":"Levy","identifier":"1","label":"article","depth":4,"order_by":1,"parent_id":12731,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":255945,"object_type":"structure","relational_id":12732,"identifier":"1","token":"58.1\/II\/25\/1","url":"\/58.1\/II\/25\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12731,"edition_id":1,"name":"License Tax on Certain Insurance Companies","identifier":"25","label":"chapter","depth":3,"order_by":1,"parent_id":12730,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":255943,"object_type":"structure","relational_id":12731,"identifier":"25","token":"58.1\/II\/25","url":"\/58.1\/II\/25\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12730,"edition_id":1,"name":"Taxes Administered by Other Agencies","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":255261,"object_type":"structure","relational_id":12730,"identifier":"II","token":"58.1\/II","url":"\/58.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","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":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":56221,"structure_id":12732,"section_number":"58.1-2500","catch_line":"Definitions","url":"\/58.1-2500\/","token":"58.1\/II\/25\/1\/58.1-2500","metadata":false},{"id":68558,"structure_id":12732,"section_number":"58.1-2501","catch_line":"Levy of license tax","url":"\/58.1-2501\/","token":"58.1\/II\/25\/1\/58.1-2501","metadata":false},{"id":71244,"structure_id":12732,"section_number":"58.1-2501.1","catch_line":"Premium tax; travel insurance","url":"\/58.1-2501.1\/","token":"58.1\/II\/25\/1\/58.1-2501.1","metadata":false},{"id":65373,"structure_id":12732,"section_number":"58.1-2502","catch_line":"Exemptions and exclusions","url":"\/58.1-2502\/","token":"58.1\/II\/25\/1\/58.1-2502","metadata":false},{"id":66081,"structure_id":12732,"section_number":"58.1-2503","catch_line":"When tax payable","url":"\/58.1-2503\/","token":"58.1\/II\/25\/1\/58.1-2503","metadata":false},{"id":76338,"structure_id":12732,"section_number":"58.1-2504","catch_line":"Companies commencing business","url":"\/58.1-2504\/","token":"58.1\/II\/25\/1\/58.1-2504","metadata":false},{"id":83928,"structure_id":12732,"section_number":"58.1-2505","catch_line":"Amount of license tax for company commencing business","url":"\/58.1-2505\/","token":"58.1\/II\/25\/1\/58.1-2505","metadata":false},{"id":58246,"structure_id":12732,"section_number":"58.1-2506","catch_line":"Reports to the Department","url":"\/58.1-2506\/","token":"58.1\/II\/25\/1\/58.1-2506","metadata":false},{"id":55841,"structure_id":12732,"section_number":"58.1-2507","catch_line":"Penalties for failure to make report or pay tax; revocation of license; recovery by suit","url":"\/58.1-2507\/","token":"58.1\/II\/25\/1\/58.1-2507","metadata":false},{"id":87222,"structure_id":12732,"section_number":"58.1-2508","catch_line":"Taxes applicable to insurance companies","url":"\/58.1-2508\/","token":"58.1\/II\/25\/1\/58.1-2508","metadata":false},{"id":55996,"structure_id":12732,"section_number":"58.1-2509","catch_line":"Certain other provisions not affected by chapter","url":"\/58.1-2509\/","token":"58.1\/II\/25\/1\/58.1-2509","metadata":false},{"id":59419,"structure_id":12732,"section_number":"58.1-2510","catch_line":"Tax credit for retaliatory costs paid to other states","url":"\/58.1-2510\/","token":"58.1\/II\/25\/1\/58.1-2510","metadata":false},{"id":53944,"structure_id":12732,"section_number":"58.1-2511","catch_line":"Reserved","url":"\/58.1-2511\/","token":"58.1\/II\/25\/1\/58.1-2511","metadata":false}],"previous_section":{"id":68558,"structure_id":12732,"section_number":"58.1-2501","catch_line":"Levy of license tax","url":"\/58.1-2501\/","token":"58.1\/II\/25\/1\/58.1-2501","metadata":false},"next_section":{"id":65373,"structure_id":12732,"section_number":"58.1-2502","catch_line":"Exemptions and exclusions","url":"\/58.1-2502\/","token":"58.1\/II\/25\/1\/58.1-2502","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-2501.1\/","history_text":"

This law was first created in 2019. The record of its establishment is cataloged in chapters 266<\/a> and 346<\/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.<\/p>","references":[{"id":81620,"section_number":"38.2-1887","catch_line":"Application of article; definitions","order_by":null,"url":"\/38.2-1887\/"}],"refers_to":[{"id":81620,"section_number":"38.2-1887","catch_line":"Application of article; definitions","order_by":null,"url":"\/38.2-1887\/"},{"id":68558,"section_number":"58.1-2501","catch_line":"Levy of license tax","order_by":null,"url":"\/58.1-2501\/"}],"permalink":{"id":255955,"object_type":"law","relational_id":71244,"identifier":"58.1-2501.1","token":"58.1\/II\/25\/1\/58.1-2501.1","url":"\/58.1-2501.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-2501.1\/","token":"58.1\/II\/25\/1\/58.1-2501.1","dublin_core":{"Title":"Premium tax; travel insurance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-2501.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> As used in this section:\n\t\t\t“Blanket travel insurance” has the same meaning ascribed thereto in § 38.2-1887<\/a>.\n\t\t\t“Primary certificate holder” has the same meaning ascribed thereto in § 38.2-1887<\/a>.\n\t\t\t“Primary policyholder” has the same meaning ascribed thereto in § 38.2-1887<\/a>.\n\t\t\t“Travel assistance services” has the same meaning ascribed thereto in § 38.2-1887<\/a>.\n\t\t\t“Travel insurance” has the same meaning ascribed thereto in § 38.2-1887<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> A travel insurer shall pay premium tax<\/span> as provided in \u00a7 58.1-2501<\/a> on travel insurance premiums paid by any of the following: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> A primary policyholder who is a resident<\/span> of the Commonwealth; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A primary certificate holder that is a resident<\/span> of the Commonwealth; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> A blanket travel insurance policyholder that is a resident<\/span> of the Commonwealth or that has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance in the Commonwealth for eligible blanket group members, subject to apportionment rules that apply to the insurer across multiple taxing jurisdictions<\/span> or that permits the insurer to allocate premiums on an apportioned basis in a reasonable and equitable<\/span> manner in those jurisdictions<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A travel insurer shall (i) document the state of residence or principal place of business of the primary policyholder or primary certificate holder and (ii) report as premium only the amount allocable to travel insurance and not any amounts received for travel assistance services or cancellation fee waivers<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPREMIUM TAX; TRAVEL INSURANCE (\u00a7 58.1-2501.1)\n\nA. As used in this section:\n\t\t\t“Blanket travel insurance” has the same meaning ascribed thereto\nin § 38.2-1887.\n\t\t\t“Primary certificate holder” has the same meaning ascribed\nthereto in § 38.2-1887.\n\t\t\t“Primary policyholder” has the same meaning ascribed thereto in\n§ 38.2-1887.\n\t\t\t“Travel assistance services” has the same meaning ascribed\nthereto in § 38.2-1887.\n\t\t\t“Travel insurance” has the same meaning ascribed thereto in\n§ 38.2-1887.\n\nB. A travel insurer shall pay premium tax as provided in \u00a7 58.1-2501 on travel\ninsurance premiums paid by any of the following:\n\n 1. A primary policyholder who is a resident of the Commonwealth;\n\n 2. A primary certificate holder that is a resident of the Commonwealth; or\n\n 3. A blanket travel insurance policyholder that is a resident of the\n Commonwealth or that has its principal place of business or the principal\n place of business of an affiliate or subsidiary that has purchased blanket\n travel insurance in the Commonwealth for eligible blanket group members,\n subject to apportionment rules that apply to the insurer across multiple\n taxing jurisdictions or that permits the insurer to allocate premiums on an\n apportioned basis in a reasonable and equitable manner in those jurisdictions.\n\nC. A travel insurer shall (i) document the state of residence or principal place\nof business of the primary policyholder or primary certificate holder and (ii)\nreport as premium only the amount allocable to travel insurance and not any\namounts received for travel assistance services or cancellation fee waivers.\n\nHISTORY: 2019, cc. 266, 346.","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}}