Senate Bill No. 645
(By Senators Kessler, Edgell and Helmick)
[Originating in the Committee on Government Organization;
reported February 18, 2008.]
A BILL 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
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.