FISCAL NOTE
Date Requested: February 13, 2026 Time Requested: 01:58 PM |
| Agency: |
Insurance Commission |
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 4085 |
Introduced |
HB5515 |
|
| CBD Subject: |
Workers Compensation |
|---|
|
FUND(S):
7162
Sources of Revenue:
Special Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
House Bill 5515, if enacted, would revise outdated provisions within W.V. Code Chapter 23 Article 4 and 5, which pertains to the administration of workers' compensation claims. The bill also repeals obsolete code sections and modifies the number of Board of Review members from five to at least three but no more than five.
Please see memorandum summary for additional 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House Bill 5515, if enacted, would revise outdated provisions within W.V. Code Chapter 23 Article 4 and 5, which pertains to the administration of workers' compensation claims. The bill also repeals obsolete code sections and modifies the number of Board of Review members from five to at least three but no more than five.
HB5515 would have no fiscal impact on the WV Offices of the Insurance Commissioner.
Person submitting Fiscal Note: Rhonda C Hartwell
Email Address: rhonda.c.hartwell@wv.gov