FISCAL NOTE



FUND(S):

7152

Sources of Revenue:

Special Fund

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


HB 2438 requires workers on public improvement projects be provided health insurance as a benefit of employment. There is no fiscal impact as the proposal relates to the regulatory responsibilities of the Offices of the Insurance Commissioner. The State's purchasing division may be a source for projecting if any fiscal impact should be considered within the bid-process (administrative processing and bid proposals).



Fiscal Note Detail


Effect of Proposal Fiscal Year
2007
Increase/Decrease
(use"-")
2008
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 0 0
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0


Explanation of above estimates (including long-range effect):






Memorandum


A fiscal impact inquiry should also be sought of the Purchasing Division given the structure of the bill.



    Person submitting Fiscal Note: Michael D. Riley
    Email Address: Michael.Riley@wvinsurance.gov