West Virginia Code § 33-3-14e

Use of insurance premium tax proceeds to support health sciences and
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medical schools.
(a) The Legislature recognizes that the schools of medicine, dentistry, nursing, and related
programs of the Health Sciences Center of West Virginia University School of Medicine; the
Medical School at Marshall University; and the West Virginia School of Osteopathic
Medicine, each provide critical, medical, and related health educational ande service
opportunities for the significant benefit of the residents of the State of West Virginia. The
Legislature finds and declares that it should dedicate a portion of the inrsurance tax proceeds
credited to the general fund as contemplated by §33-3-14(c) of this code and §33-3-14a of
this code to provide additional dedicated funds to the base of appropriation support for these
schools.
(b) Effective July 1, 2022, to support these schools, and in addition to the base
appropriations to these schools, the Governor shall include appropriations in each annual
budget bill submitted to the Legislature from the amounts sent to the credit of the General
Revenue Fund pursuant to §33-3-14(c) of this code and §33-3-14a of this code, as follows:
(1) To the schools of medicine, dentistry, nursing, and related programs of the Health
Sciences Center of West Virginia University, $14 million;
(2) To the School of Medicine at Marshall University, $5,500,000; and
(3) To the West Virginia School of Osteopathic Medicine, $3,900,000.
(c) These funds shall be dedicated quarterly from the collection of the insurance premium
tax in the months of July, October, February, and April of each fiscal year. Each school as set
forth in subsection (b ) of this section shall receive their dedicated funds at the rate of one
quarter of theV full amount in each of those months.
(d) Nothing in this section shall be construed to limit or reduce the amount of total
appropriations to schools of medicine, dentistry, nursing, and related programs of the Health
Sciences Center of West Virginia University, the Medical School at Marshall University, and
the West Virginia School of Osteopathic Medicine to the amounts contemplated by this
section.

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