Health insurance; limit on cost-sharing payments for prescription drugs under certain plans. Requires each carrier that offers a health plan in either the individual or small group market to ensure that at least 50 percent of all health plans offered by the carrier, or at least one health plan if the carrier offers fewer than two health plans, in each rating area and in each of the bronze, silver, gold, and platinum levels of coverage in the individual and small group market conform with the following: (i) a plan that offers a silver, gold, or platinum level of coverage limits a person's cost-sharing payment for prescription drugs covered under the plan to an amount that does not exceed $100 per 30-day supply of the prescription drug and (ii) a plan that offers a bronze level of coverage limits a person's cost-sharing payment for prescription drugs covered under the plan to an amount that does not exceed $150 per 30-day supply of the prescription drug. The bill provides that such limits apply at any point in the benefit design, including before and after any applicable deductible is reached. The bill requires that any plans offered to meet its requirements are (a) clearly and appropriately named to aid the consumer or plan sponsor in the plan selection process and (b) marketed in the same manner as other plans offered by the health insurance carrier. The provisions of the bill apply with respect to health plans entered into, amended, extended, or renewed on or after January 1, 2025.

Minimum qualifications for law-enforcement officers; citizenship; waiver. Allows individuals who are lawfully admitted for permanent residence who have resided in the United States for no less than 60 months and who are both eligible for and have applied for United States citizenship to qualify for the positions of chief of police and all police officers of any locality, all deputy sheriffs and jail officers in the Commonwealth, and all law-enforcement officers. The bill allows any agency or department employing law-enforcement officers to hire, recruit, or refer an individual who is a citizen of the United States over another individual who meets such qualifications if such individuals are equally qualified. Current law only allows citizens of the United States to qualify for the named positions; the citizenship requirement can only be waived for good cause upon request of a sheriff or chief of police or the director or chief executive of any agency or department employing law-enforcement officers to the Department of Criminal Justice Services.

American Revolution 250 Commission; membership and staffing. Amends the membership of the American Revolution 250 Commission to allow for the appointment of ex officio members who are directors of historic homes, historic sites, or National Park Service sites or former legislative members of the Commission. The bill also provides for staff of the Commission to serve as the Commission's fiscal agent.

Energy efficiency programs; incremental annual savings. Provides that for the 2029 program year and all subsequent years, "in the public interest" for the purpose of assessing energy efficiency programs means that the State Corporation Commission determines that the program is cost-effective. The bill directs the Commission to promulgate regulations no later than September 30, 2025, establishing a single, consistent cost-effectiveness test for use in evaluating proposed energy efficiency programs. The bill requires Dominion Energy Virginia and Appalachian Power Company to track, quantify, and report to the Commission the incremental annual savings, as defined in the bill, achieved by such utility's energy efficiency programs.

Task Force on Fentanyl and Heroin Enforcement established. Creates the Task Force on Fentanyl and Heroin Enforcement whose purpose is to study ways to enhance the ability of law-enforcement officers throughout the Commonwealth to combat the illegal manufacturing, importation, and distribution of fentanyl, heroin, and other similar controlled substances. The bill requires the Task Force to meet at least annually and to report to the Governor and General Assembly by December 1 of each year regarding its activities and any recommendations. Task Force on Fentanyl and Heroin Enforcement established. Creates the Task Force on Fentanyl and Heroin Enforcement whose purpose is to study ways to enhance the ability of law-enforcement officers throughout the Commonwealth to combat the illegal manufacturing, importation, and distribution of fentanyl, heroin, and other similar controlled substances. The bill requires the Task Force to meet at least annually and to report to the Governor and General Assembly by December 1 of each year regarding its activities and any recommendations.

Administrative Process Act; emergency regulations for economic development projects. Provides that an agency may receive a waiver, defined in the bill as the approval for the promulgation of emergency regulations or suspension of current regulations, for the creation of qualifying economic development projects, also defined in the bill, upon consultation with and receipt of the approval of the Virginia Economic Development Partnership and Virginia Innovation Partnership Authority and the approval of the Governor that such regulations are necessary for the achievement of such qualifying economic development project. The bill exempts from such waiver the promulgation of regulations pursuant to the Virginia Occupational Safety and Health Program of the Virginia Department of Labor and Industry and by the Department of Environmental Quality.

Virginia Residential Landlord and Tenant Act; fee disclosure statement. Requires landlords subject to the Virginia Residential Landlord and Tenant Act to include on the first page of a written rental agreement, a description of any rent and fees to be charged to the tenant. The bill requires that such rental agreement also contain: No fee shall be collected unless it is listed below or incorporated into this agreement by way of a separate addendum after execution of this rental agreement.

Electric utilities; State Corporation Commission; energy policy of the Commonwealth. Requires the State Corporation Commission to ensure that the Commonwealth implements the energy policy of the Commonwealth, as defined by relevant law, at the lowest reasonable cost, taking into account all cost-effective demand-side management options and the security and reliability benefits of the regional transmission entity that each incumbent electric utility has joined. The bill establishes a rebuttable presumption that plans, petitions, or proposals from utilities that do not ensure such implementation at the lowest reasonable cost are not in the public interest.

Historic rehabilitation tax credit; maximum amount of tax credit. Increases from $5 million to $7.5 million, beginning in taxable year 2025, the maximum amount of the historic rehabilitation tax credit, including amounts carried over from prior taxable years, that may be claimed by a taxpayer in any taxable year.

Unemployment compensation; employer failure to respond to requests for information; claim determination; notice requirements. Provides that an employer's account shall not be relieved of charges relating to an erroneous payment if the Virginia Employment Commission determines that (i) the employer has failed to respond timely or adequately to a written request for information related to the claim and (ii) the employer has established a pattern of failing to respond timely or adequately to such requests, as described in the bill. The bill requires the Commission to provide written notice for each instance of untimely or inadequate employer response to such requests. The bill provides that upon the Commission's third determination, and for each subsequent determination, within the applicable review period that an employer failed to respond timely or adequately to such a request, the employer shall be considered to have waived all rights in connection with the claim, including participation and appeal rights. The bill requires a deputy examining a claim to provide the reasoning behind the decision, as described in the bill, and a short statement of case-specific facts material to the determination together with any notice of determination upon a claim. The provisions of the bill have a delayed effective date of July 1, 2025. As introduced, this bill was a recommendation of the Commission on Unemployment Compensation.

Commending the Triangle Volunteer Fire Department.

Celebrating the life of the Reverend Dr. Salathiel J. Henderson.

Real property tax; notice of assessment changes. Provides that in certain localities, in the event that the total assessed value of real property would result in an increase of one percent or more in the total real property tax levied, the notice of assessment changes shall state the tax rate that would levy the same amount of real estate tax as the previous year when multiplied by the new total assessed value of real estate.

Confirming Governor's appointments; January 12. Confirms appointments of certain persons made by Governor Glenn Youngkin and communicated to the General Assembly January 12, 2024.

Enterprise zones; extension. Provides that any enterprise zone in existence as of June 30, 2024, shall be extended for a period of four years in addition to any renewal periods currently authorized by law and authorizes the Governor, upon the recommendation of the Director of the Department of Housing and Community Development, to renew enterprise zones for up to four five-year renewal periods for zones designated on or after July 1, 2005, and for up to two five-year renewal periods for zones designated before July 1, 2005.