West Virginia 2026 Regular Session

West Virginia House Bill HB5276

Introduced

2/6/26

Refer

2/6/26

Caption

Supplemental Appropriation to the Department of Commerce-Division of Economic Development from the Unappropriated Surplus Balance

Impact

The bill's primary impact lies in its adjustment of budgeting practices by allowing the transfer of unallocated state funds toward economic development initiatives. This could lead to enhanced support for various projects and initiatives aimed at promoting growth within the state. The focus on economic development reflects ongoing legislative priorities aimed at improving the state's financial health and is an effort to utilize available resources effectively to stimulate job creation and other related outcomes.

Summary

House Bill 5276 is focused on supplementing and amending the appropriations of public moneys from the unappropriated surplus balance in the State Fund of West Virginia. The bill proposes a transfer from this surplus to the Department of Commerce, specifically to the Division of Economic Development, for the fiscal year ending June 30, 2026. This move reflects the state's approach to managing its finances and reallocating funds to areas deemed necessary for fostering economic growth and development.

Sentiment

Overall, the sentiment around HB 5276 appears positive, particularly among those advocating for economic growth and fiscal accountability. Legislative discussions suggest a general consensus on the necessity of utilizing surplus funds effectively, although differing views on specific allocations may arise. Supporters likely view this bill as a proactive measure that demonstrates sound fiscal management, while any opposition may stem from differing opinions regarding the best use of surplus funds.

Contention

While there may not be significant contention explicitly referenced in the current documents, potential areas of concern could include how the appropriations are determined and the specific projects that will receive funding. As with many financial decisions in government, debates may surface regarding priorities, transparency, and the long-term impacts of reallocating surplus funds towards economic initiatives. Stakeholders may seek further clarification on how this bill will influence existing programs and whether it aligns with broader economic strategies.

Latest WV HB5276 Activity

View All Events: WV 2026 Regular Session HB5276

Companion Bills

WV SB877

Similar To Supplemental appropriation to Department of Commerce, fund 0256

Previously Filed As

WV SB937

Supplementing and amending appropriations to Department of Economic Development

WV HB3509

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

WV SB607

Expiring funds to unappropriated surplus balance in State Fund from Economic Development Fund

WV HB3512

Expiring funds to the unappropriated surplus balance from the Department of Administration, Division of General Services

WV HB3519

Expiring funds to the unappropriated surplus balance of the State Fund, General Revenue

WV HB111

Expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, from the Department Revenue, State Budget Office, PEIA Rainy Day Fund

WV SB789

Supplemental appropriation to Department of Commerce

WV HB3520

Expiring funds to the surplus balance in the State Fund, General Revenue, Office of Energy

WV HB102

Supplementing and amending appropriations to the Department of Transportation, Division of Highways

WV HB3511

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

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.