West Virginia 2024 Regular Session

West Virginia House Bill HB5464

Introduced

2/5/24

Refer

2/5/24

Caption

Supplementing and amending appropriations to the Department of Economic Development, Office of the Secretary

Impact

The passage of HB 5464 is expected to bolster local economic development efforts in West Virginia by providing significant funding to county and regional development organizations through programs like the Certified Development Community Program. This aims to strengthen economic collaboration and provide a structured means for localities to access state funding, thereby enhancing their developmental capacities. Moreover, the bill facilitates funding for educational and training programs, which could lead to improvements in workforce skills and job readiness in the region.

Summary

House Bill 5464 is a supplemental appropriations bill introduced in West Virginia aimed at amending and supplementing the appropriations from the State Fund for the fiscal year 2024. The bill seeks to allocate additional funds to various departments, with a significant focus on the Department of Economic Development. This includes appropriations for personal services, local economic development partnerships, and specific initiatives such as the National Youth Science Camp and the Marshall University Research Corporation. The total appropriated amount is projected to be over $102 million, focusing on enhancing the state's economic growth and development initiatives.

Sentiment

The sentiment surrounding HB 5464 is largely positive, with supporters emphasizing its potential to energize local economies and streamline funding processes for development projects. Proponents argue that increasing financial support for local partnerships and training programs will lead to sustainable economic growth. However, some critics have raised concerns about accountability and the efficient use of funds, urging for rigorous oversight to ensure that the appropriations effectively contribute to the stated goals of economic enhancement.

Contention

Notable points of contention include debates over specific funding allocations within the bill. Some stakeholders have called for a more transparent approach regarding how funds are distributed, especially to local partnerships. There are also discussions regarding the prioritization of certain educational and training programs over others, reflecting a need for alignment with the state's broader economic strategies. These points of contention highlight ongoing discussions about resource allocation and the requirements for effective economic development in West Virginia.

Latest WV HB5464 Activity

View All Events: WV 2024 Regular Session HB5464

Companion Bills

WV SB640

Similar To Supplementing and amending appropriations to Department of Economic Development, Office of Secretary

Previously Filed As

WV HB3509

Supplementing and amending appropriations to the Department of Economic Development – Office of the Secretary

WV SB937

Supplementing and amending appropriations to Department of Economic Development

WV HB3510

Supplementing and amending appropriations to the Department of Homeland Security – Office of the Secretary

WV SB935

Supplementing and amending appropriations to Department of Homeland Security

WV SB1005

Supplementing and amending appropriations to Department of Education, BOE

WV SB936

Supplementing and amending appropriations to Department of Arts, Culture, and History

WV SB1001

Supplementing and amending appropriations to Department of Health and Department of Human Services

WV HB108

Supplementing and amending appropriations to the Department of Veterans’ Assistance

WV HB101

Supplementing and amending appropriations to the Department of Health and Department of Human Services

WV SB1008

Supplementing and amending appropriations to Department of Veterans’ Assistance

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.