FISCAL NOTE
Date Requested: February 05, 2026 Time Requested: 04:28 PM |
| Agency: |
Insurance Commission |
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 3172 |
Introduced |
HB5242 |
|
| CBD Subject: |
|
|---|
|
FUND(S):
7152
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House Bill 5242, if enacted, prohibits an insurer from declining or limiting coverage on a person under any life insurance policy, major medical coverage policy, disability insurance policy, or long-term care insurance policy solely due to the status of that person as a living organ donor.
See Memorandum Summary for more information.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026 Increase/Decrease (use"-") |
2027 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):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
Memorandum
House Bill 5242, if enacted, prohibits an insurer from declining or limiting coverage on a person under any life insurance policy, major medical coverage policy, disability insurance policy, or long-term care insurance policy solely due to the status of that person as a living organ donor.
HB5242 would have no fiscal impact on the WV Offices of the Insurance Commissioner.
Person submitting Fiscal Note: Juanita Wimmer
Email Address: juanita.d.wimmer@wv.gov