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Enrolled Version - Final Version Senate Bill 645 History

OTHER VERSIONS  -  Committee Substitute (1)  |  Introduced Version  |  DOWNLOAD  wpd  |  Email


sb645 sub1 enr
ENROLLED

COMMITTEE SUBSTITUTE

FOR

Senate Bill No. 645

(Senators Kessler, Edgell and Helmick, original sponsors)

____________

[Passed March 8, 2008; in effect ninety days from passage.]

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AN ACT to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §16-5F-7, relating to exempting city and county hospitals subject to health care financial disclosure from the additional audit requirements for local government offices.

Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §16-5F-7, to read as follows:
ARTICLE 5F. HEALTH CARE FINANCIAL DISCLOSURE.
§16-5F-7. Exempt from additional audits.

(a) Every covered facility and related organization required to file or publish reports as provided in this article shall be exempt from the audits imposed upon local government offices by article nine, chapter six of this code.
(b) Any covered facility and related organization exempt under this section from the audit requirements and obligations imposed upon local government offices by article nine, chapter six of this code shall file a copy of its audited financial statements with the State Auditor annually, within a reasonable period of time following receipt of the audited financial statements by the covered facility and related organization.
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