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Introduced Version - Originating in Committee Senate Bill 452 History

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sb452 org
Senate Bill No. 452

(By Senators Bowman, Bailey, Chafin, Jenkins, Kessler, McCabe, Minard, Plymale, White, Boley, Harrison, Lanham, Minear and Weeks)

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[Originating in the Committee on Government Organization;

reported March 3, 2005.]

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A BILL to amend and reenact §29-12-12 of the Code of West Virginia, 1931, as amended, relating to continuation of the state Board of Risk and Insurance Management.

Be it enacted by the Legislature of West Virginia:
That §29-12-12 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 12. STATE INSURANCE.
§29-12-12. Continuation of state Board of Risk and Insurance Management.

After having conducted a performance and fiscal audit through its joint committee on government operations, pursuant to section nine, article ten, chapter four of this code, the Legislature finds and declares that the state board of insurance should be continued, but shall be known and referred to as the state board of risk and insurance management.
The state Board of Risk and Insurance Management shall continue to exist until the first day of July, two thousand five six, unless sooner terminated, continued or reestablished pursuant to the provisions of article ten, chapter four of this code.
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(NOTE: The purpose of this bill is to continue the state Board of Risk and Insurance Management until July 1, 2006, pursuant to the West Virginia Sunset Law. This bill is recommended by the Joint Committee on Government Operations.

Strike-throughs indicate language that would be stricken from the present law and underscoring indicates new language that would be added.
)
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