114 CSR 75

Senate Bill No. 359

(By Senators Minard, Fanning, Prezioso,

Unger, Boley and Minear)

__________

[Introduced January 27, 2006; referred to the

Committee on Banking and Insurance ;

and then to the Committee on the Judiciary.]

__________


A BILL to amend and reenact article 7, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to private passenger automobile and property insurance - biannual rate filing requirements.

Be it enacted by the Legislature of West Virginia:
That article 7, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 7. AUTHORIZATION FOR DEPARTMENT OF TAX AND REVENUE TO PROMULGATE LEGISLATIVE RULES.

§64-7-1. Insurance Commissioner.
The legislative rule filed in the state register on the twenty-ninth day of July, two thousand five, authorized under the authority of section ten, article two, chapter thirty-three, of this code, relating to the Insurance Commissioner (private passenger automobile and property insurance - biannual rate filing requirements, 114 CSR 75), is authorized.

NOTE: The purpose of this bill is to authorize the Insurance Commissioner to promulgate a legislative rule relating to Private Passenger Automobile and Property Insurance - Biannual Rate Filing Requirements.

This section is new; therefore, strike-throughs and underscoring have been omitted.