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Introduced Version - Originating in Committee House Bill 4621 History

OTHER VERSIONS  -  Enrolled Version - Final Version  |  DOWNLOAD  wpd  |  Email


H.B. 4621

 

(By Delegates Boggs, Guthrie, Iaquinta, Perdue, Pethtel, Phillips, R., Poling, D., Williams, Canterbury, Cowles and Gearheart)

 

[Originating in the Committee on Finance March 3, 2014]

 

 

A BILL expiring funds to the balance of the Department of Administration, Board of Risk and Insurance Management, Patient Injury Compensation Fund, fund 2371, fiscal year 2014, organization 0218, in the amount of $2,000,000 from the Department of Administration, Board of Risk and Insurance Management, Medical Liability Fund, fund 2368, fiscal year 2014, organization 0218 for the fiscal year ending June 30, 2014.

    WHEREAS, The Governor finds that the account balance in the Department of Administration, Board of Risk and Insurance Management, Medical Liability Fund, fund 2368, fiscal year 2014, organization 0218, exceeds that which is necessary for the purpose for which the account was established; therefore

Be it enacted by the Legislature of West Virginia:

    That the balance of funds available for expenditure in the fiscal year ending June 30, 2014, to the Department of Administration, Board of Risk and Insurance Management, Medical Liability Fund, fund 2368, fiscal year 2014, organization 0218, be decreased by expiring the amount of $2,000,000 to the Department of Administration, Board of Risk and Insurance Management, Patient Injury Compensation fund, fund 2371, fiscal year 2014, organization 0218, to be available for expenditure during the fiscal year ending June 30, 2014.

    The purpose of this bill is to expire $2,000,000 from the Medical Liability Fund to the Patient Injury Compensation Fund for the fiscal year ending June 30, 2014.

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