West VirginiaWest Virginia directs $21 million into its public insurance fund
The law directs $21 million in available money from West Virginia’s Premium Tax Savings Fund to the Public Entity Insurance Trust Fund.
What it does
The law sets aside $21 million from the Premium Tax Savings Fund and directs its transfer to the Public Entity Insurance Trust Fund for the fiscal year ending June 30, 2026.
Argument forMoving $21 million into the Public Entity Insurance Trust Fund could give that fund more money to meet insurance needs.
Argument againstThe transfer could reduce the money available for other uses in the Premium Tax Savings Fund.
More detail
The law sets aside $21 million and requires its transfer to the Public Entity Insurance Trust Fund. The money comes from the Department of Administration’s Board of Risk and Insurance Management. The money comes from the Premium Tax Savings Fund’s balance that had not already been set aside for spending. The law took effect from passage on March 12, 2026. The funding applies to the fiscal year ending June 30, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 25Chapter 21, Acts, Regular Session, 2026Latest
- Mar 19Approved by Governor Patrick Morrisey 3/19/2026Major
- Mar 17To Governor 3/17/2026To Governor
- Mar 14Approved by Governor Patrick Morrisey 3/19/2026 - House JournalMajor
- Mar 14Approved by Governor Patrick Morrisey 3/19/2026 - Senate JournalBecame Law
- Mar 14To Governor 3/17/2026 - Senate JournalMinor
- Mar 13House Message received
- Mar 12Completed legislative action
- Vote recorded EFFECT FROM PASSAGE. Result: pass.Lower
- Vote recorded PASSAGE-SUPPLEMENTAL APPROPRIATION. Result: pass.Lower
- Mar 12Communicated to Senate
- Mar 12Effective from passage (Roll No. 454)
- Mar 12Passed House (Roll No. 453)Passed House
- Mar 12Read 3rd timeMinor
- Mar 12On 3rd reading, Special Calendar
- Mar 11Read 2nd timeMinor
- Mar 11On 2nd reading, Special Calendar
- Mar 10Read 1st timeMinor
- Mar 10On 1st reading, Special Calendar
- Mar 9Do pass
- Feb 19To House FinanceMinor
- Feb 19To FinanceMinor
- Feb 19Introduced in HouseMinor
- Feb 19House received Senate message
- Feb 18Ordered to House
- Vote recorded Passage. Result: pass.Upper
- Vote recorded Effective from passage. Result: pass.Upper
- Feb 18Effective from passage (Roll No. 130)
- Feb 18Passed Senate (Roll No. 129)Passed Senate
- Feb 18Read 3rd timeMinor
- Feb 18On 3rd reading
- Feb 17Read 2nd timeMinor
- Feb 17On 2nd reading
- Feb 16Read 1st timeMinor
- Feb 16On 1st reading
- Feb 13Reported do passMinor
- Feb 6To FinanceMinor
- Feb 6Introduced in SenateMinor
- Feb 6To FinanceMinor
- Feb 6Filed for introductionIntroduced
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