REPORTS May - West Virginia Legislature

IIIItIIEIItttIIIIII4. oveMee of Impact of Fedenl Stlmulus Package on the Stat€s - Molly RamldelMolly Ransdel, NCSL, talked about the fedeEl economic stimulus plan and alswered questions on thepotential effect that some of the pmposals could have on West Virginia-5. Updste on T€acher's Retirement Sy8tem Mer€er - Alne LsmbrlghtADne Irmbdght, Dircctor, Consolidabd Public Retirement BoanE addr€ssed buy back issues related tothe Teacher's Retirenett System merger.6. Lotter CoEmi$asior. ceneml Reverue Furd ard UnepDlgllq9!]!..lgq4DglggtdgAllq!]lEq4!Distributed to members ofthe committe€ were the following: lpfiery conmission r€ports for &e monthended Dec€Eber 31, 2008; General Revenue Fund status rcport as ofJanuary 3l, 2009 atrd the UnemploymentCompensation Trus Fund ststus rcport as of December 3 I, 2008. Distributed with each of the repofls was ananalysis aad summary of the reports.7. Department ofTrauportrtlon Report Distributiop - Danny EllisDanny Ellis, Brsiness Malager, D@arhent of High\*ays answercd questions from the Committee.8. PEL{ BRIM and CHIP ReporbThe following monthly PEIA repora werc distibuJed: Montl y Managsment Repo and Prcscaiption DrugRepoft for December 200E. Robert Fsrgpson, Cabinet Secretery, Depatuent of Administrarion, said medicalclaims are ruoning about the same mte as they were last year ai thb timc and prescriptioD claims re vp 9%o.The following reports from CHIP were distributed: A report of emollment for January 2009 and firtancialstalsments for pedod elding December 31, 2008. Secretffy Fergusoo said the new formula has been renewed forthe next 4 '/,years atrd they are looking at olr estimated $43 million for the new formula-The following BRM reporrs were distribmed: An unaudit€d balance sheet snd unaudited incoBe statementfor the period ending December 31, 2008. Seqetary Ferelson reported no u-frrnded liabilities in BRIM. ChuckJones, Dircctor, BRIM, addressed the lack ofqovemge for non-slate employees in state owned vehicles. Mr. Jonesdso said thst BRIM does not Fovide rm-i[sured or uuder-insured moorist coverage for stale vehicl6.9. Leaslns Report. DepartEept ofAdEinistrationA leasing Eport fo! the pedod ofJanuary 1, 2009, tlrough January 30, 2009, was distibuted10. Department ofH€alth &!d Euman Rgourc€s (DHHR) Mopthlv ReportrA Medicaid report dal€d February 2009 'aasdishibuted.2