Bill Text: WV HB4359 | 2020 | Regular Session | Enrolled
Bill Title: Modifying the filing fees for insurers
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2020-04-15 - Chapter 196, Acts, Regular Session, 2020 [HB4359 Detail]
Download: West_Virginia-2020-HB4359-Enrolled.html
WEST virginia legislature
2020 regular session
ENROLLED
House Bill 4359
By Delegates Westfall and
Porterfield
(By Request of the West Virginia Insurance Commission)
[Passed February 27, 2020; in effect July 1, 2020.]
AN ACT to amend and reenact §33-6-34 of the Code of West Virginia, 1931, as amended, relating to modifying the filing fees for insurers; permitting multiple insurers to make a single filing with a fee collected from each insurer; defining “filing”; and deleting language.
Be it enacted by the Legislature of West Virginia:
ARTICLE 6. THE INSURANCE POLICY.
§33-6-34. Fee for form, rate, and rule filing.
(a) As used in this section, “filing” means any form filing made pursuant to §33-6-8 of this code or any rule or rate filing made pursuant to this chapter.
(b) A fee of $100 shall be submitted with each filing for each insurer, irrespective of the number of forms, rules, or rates included within or affected by the filing. If a filing is made on behalf of more than one insurer, other than a filing made by a rating organization licensed by the commissioner, the applicable fee shall be $100 multiplied by the number of insurers on whose behalf the filing is made. Fees submitted pursuant to this section may not be refunded, and a resubmission of a filing previously disapproved by the commissioner shall be considered a new filing for the purposes of the filing fee. Any request by the commissioner for additional information pertaining to a form filing shall not be considered a new filing for purposes of the filing fee. All fees collected pursuant to this section shall be used for the operation of the offices of the Insurance Commissioner.
The Joint Committee on Enrolled Bills hereby certifies that the foregoing bill is correctly enrolled.
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Chairman, House Committee
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Chairman, Senate Committee
Originating in the House.
In effect July 1, 2020.
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Clerk of the House of Delegates
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Clerk of the Senate
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Speaker of the House of Delegates
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President of the Senate
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The within ................................................... this the...........................................
day of ..........................................................................................................., 2020.
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Governor
