West Virginia Legislature

2026 REGULAR SESSION

Introduced

House Bill 4242

BY Delegate D. Smith

[Introduced ; referred

to the Committee on the ]

A BILL to amend and reenact §64-7-1 of the Code of West Virginia, 1931, as amended, relating to authorizing the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students.

Be it enacted by the Legislature of West Virginia:

ARTICLE 7. Authorization for Department of revenue to promulgate legislative rules.

§64-7-1. Insurance Commission.

The legislative rule filed in the State Register on July 22, 2025, authorized under the authority of §33-2-10 of this code, relating to the Insurance Commission (premium financing for life insurance for college students, 114 CSR 07), is authorized.

NOTE: The purpose of this bill is to authorize the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students.

This section is new; therefore, strike-throughs and underscoring have been omitted.