|Date Requested:March 18, 2013
Time Requested:01:44 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| HB 2959 will not significantly impact the expenses or revenues of the Offices of the Insurance Commissioner.
There could be an impact to the loss cost and rates for NCCI classification code 7711 Firefighters & Driver – Volunteer. Any impact to the rates for this classification could impact the subsidy provided to volunteer fire department under §12-4-14a.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
| HB 2959 will have no significant fiscal impact on the operations or regulatory responsibilities of the Offices of the Insurance Commissioner.
HB 2959 may have a fiscal impact on the loss costs and rates for the NCCI classification 7711 – Firefighters & Driver – Volunteer. This class code includes not only active firefighting duties but also considers training, maintenance of firehouse and firefighting equipment and materials as well as general duties needed to perform fire protection services to the community. NCCI class 7711 already contemplates the inclusion of “down time” or non-firefighting activities. In order to implement HB 2959, a new classification would need to be filed and approved for West Virginia’s use to address the non-active firefighting duties and to separate those functions from the current 7711 classification. We are not aware of any other state that separates these duties into different classifications. If the duties are separated, the class rates could potentially be higher than the current class rate due to the division of payroll and claims costs. This could potentially impact the amount of the subsidy paid to VFDs under §12-4-14a. It is not currently known what the fiscal impact would be as no data reflecting the hours and payroll under the specific activities is available.