FISCAL NOTE



FUND(S):



Sources of Revenue:

Other Fund na

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


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


It is estimated that HB 2874, if enacted in its current form, may result in an increase in workers compensation costs for volunteer firefighters, however, we are unable to provide a specific estimated cost impact due to lack of available data. The impact of extending the rebuttable presumption to volunteer firefighters is expected to result in an increase to premiums commensurate to the level of increase in claims costs attributable to the presumption. The impact amount is immeasurable at this time.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2009
Increase/Decrease
(use"-")
2010
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


Assistance for cost projections has been requested of the state's statistical agent, NCCI. When additional information comes available to assist in valuing the proposed changes, the fiscal note will be updated.



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