FUND(S):

7152, 7173

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.


    SB 291 would authorize the Insurance Commissioner to promulgate a legislative rule relating to workers' compensation insurance for state agencies.
    
    The legislative rule filed in the State Register on the twenty-eighth day of July, two thousand eleven, authorized under the authority of section ten article two, chapter thirty-three, of this code, relating to the Insurance Commissioner (Workers' Compensation Insurance for state agencies, 114 CSR 94), is authorized.
    
    SB 291 would have a nominal impact on the revenues and expenditures of state government as they directly relate to the regulatory responsibilities of the Offices of the Insurance Commissioner (NO fiscal impact.)



Fiscal Note Detail


Effect of Proposal Fiscal Year
2012
Increase/Decrease
(use"-")
2013
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


    SB 291 authorizes the Insurance Commissioner to promulgate a legislative rule; no fiscal impact.



    Person submitting Fiscal Note: Melinda A. Kiss
    Email Address: Melinda.Kiss@wvinsurance.gov