Date Requested:February 16, 2013
Time Requested:09:26 AM
Agency: Insurance Commission
CBD Number: Version: Bill Number: Resolution Number:
2013R1331 Introduced HB2299
CBD Subject: CHILD SUPPORT INCLUDED IN INSURANCE
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 2299 has no significant impact on the operations or regulatory activities of the Offices of the Insurance Commissioner.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")
2014
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
3. Explanation of above estimates (including long-range effect):
    


Memorandum
Person submitting Fiscal Note:
Melinda Kiss
Email Address:
Melinda.Kiss@wvinsurance.gov
    HB 2299 does not significantly impact the regulatory responsibilities of the Offices of the Insurance Commissioner.
    
    If enacted, HB 2299 may increase the costs of insurance companies who would be required to comply with the provisions of HB 2299. Accordingly, the potential exists for increases in insurance premiums for the lines of insurance impacted by the proposed legislation.