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