FISCAL NOTE
Date Requested: January 11, 2024
Time Requested: 03:42 PM |
| Agency: |
Insurance Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1545 |
Introduced |
HB4184 |
|
|---|
| CBD Subject: |
|
|---|
|
FUND(S):
7152 Insurance Commission Fund
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The provisions of House Bill 4184 are already in, and duplicative of, existing state code sections regarding mental health parity that were previously passed by the West Virginia Legislature in Senate Bill 291 (2020), and signed into law by the Governor on March 25, 2020. As such, the OIC does not estimate any additional fiscal impact from HB4184, since those proposed provisions are already in state code and the OIC is already preparing the annual report for the Joint Committee on Government and Finance required by HB4184.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2024
Increase/Decrease
(use"-") |
2025
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
The provisions of House Bill 4184 are already in, and duplicative of, existing state code sections regarding mental health parity that were previously passed by the West Virginia Legislature in Senate Bill 291 (2020), and signed into law by the Governor on March 25, 2020. As such, the OIC does not estimate any additional fiscal impact from HB4184, since those proposed provisions are already in state code and the OIC is already preparing the annual report for the Joint Committee on Government and Finance required by HB4184.
Person submitting Fiscal Note: Rhonda Hartwell
Email Address: rhonda.c.hartwell@wv.gov