Bill Status
WV Code
Audits/ Reports


‹ Back  |  print page Print
WVC 33 - 16 G- 9 §33-16G-9. Special revenue account created.
     (a) There is hereby created a special revenue account in the State Treasury, designated the "West Virginia Health Benefits Exchange Fund", which shall be an interest-bearing account and may be invested in the manner permitted by article six, chapter twelve of this code, with the interest income a proper credit to the fund, unless otherwise designated in law. The fund shall be administered by the board and used to pay all proper costs incurred in implementing the provisions of this article. Moneys deposited into this account are available for expenditure as the board may direct in accordance with the provisions of this article. Expenditures shall be for the purposes set forth in this article, are authorized from collections and do not revert to the General Fund.

     (b) The following shall be paid into this account:

     (1) All funds from the federal government received and dedicated to or otherwise able to be used for the purposes of this article;

     (2) All other payments, gifts, grants, bequests or income from any source;

     (3) Fees on health carriers established by the board; and

     (4) Appropriations from the Legislature.

Note: WV Code updated with legislation passed through the 2016 Regular Session
The West Virginia Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.
This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.  |  Terms of Use  |   Web Administrator   |   © 2017 West Virginia Legislature ***