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WV HB4246

Bill

Official Source

Status

Introduced

1/14/2026

Primary Sponsor

Doug Smith

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Authorizes the West Virginia Insurance Commission to promulgate a legislative rule relating to insurance holding company systems under 114 CSR 35
  • The rule was originally filed in the State Register on July 22, 2025, then modified to address Legislative Rule-Making Review Committee objections and refiled on August 21, 2025
  • Amends and reenacts §64-7-1 of the West Virginia Code to grant this authorization
  • The rule derives its authority from §33-27-14 of the West Virginia Code governing insurance holding company systems
  • Introduced by Delegate D. Smith on January 14, 2026 and referred to the House Committee on Finance

Legislative Description

Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to insurance holding company systems.

Legislature--Rule Making

Last Action

To House Finance

1/14/2026

Committee Referrals

Finance1/14/2026

Full Bill Text

No bill text available