Fiscal Note

SB 160 — Fiscal Note/Fee Impact

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Mentions of “Insurance Coverage Office” — 3 found

… . This Act becomes effective upon signature by the Governor. 2. This Act allows a cancer policy to be purchased by the Insurance Coverage Office to provide coverage to active Paid and Volunteer Firefighters, Fire Marshals, Fire Instructors, Fire Police, EMTs, …

… rance under § 705 of Title 18. 4.The State Treasurer shall pay the calculated payment from the General Fund to the Insurance Coverage Office for the purpose of funding the premium payment and administration of the policy. 5.Based on recent data, the Departmen …

… Department of Insurance estimates that the 0.08% calculation will result in approximately $650,000 transferred to the Insurance Coverage Office annually. Cost: General Fund Revenue Loss Fiscal Year 2022: Approximately $650,000 Fiscal Year 2023: Approximatel …

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