West Virginia 2026 Regular Session

West Virginia House Bill HB5316

Introduced

2/6/26

Refer

2/6/26

Caption

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

Impact

The passage of HB 5316 is expected to have a positive impact on state economic development initiatives. By increasing appropriations for the Department of Commerce, it empowers the agency to expand its programs and services aimed at fostering economic growth, generating jobs, and improving overall state revenue. The amendment indicates a strategic focus by the state on utilizing existing funds effectively to address economic challenges and promote growth in various sectors.

Summary

House Bill 5316 aims to supplement and amend appropriations of public funds from the Treasury for the fiscal year ending June 30, 2026. Specifically, it targets an increase in the funding allocated to the Department of Commerce, Division of Economic Development. This measure is intended to utilize the unappropriated balance available in the State Fund, General Revenue, thereby allowing for enhanced economic initiatives within the state. The bill reflects the state's commitment to boosting economic development ventures and improving public services within its mandate.

Sentiment

The sentiment surrounding HB 5316 appears largely supportive, with indications that it could facilitate beneficial economic activities within West Virginia. Legislators likely view the bill as a proactive step in responding to economic conditions and enhancing the state's fiscal health. Discussions on potential appropriations typically generate positive feedback from stakeholders interested in economic development, although specific details on opposition or concerns were not highlighted in the documents reviewed.

Contention

While HB 5316 seems to be generally favorably received, there may be underlying contentions regarding how the increased appropriations will be allocated within the Department of Commerce. Stakeholders may express specific concerns about transparency in funding distribution, potential for bureaucratic inefficiencies, or the adequacy of funding for various economic initiatives. Such discussions emphasize the importance of ensuring that appropriated funds yield tangible results for the state's economy.

Latest WV HB5316 Activity

View All Events: WV 2026 Regular Session HB5316

Companion Bills

WV SB873

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 SB789

Supplemental appropriation to Department of Commerce

WV HB3512

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

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

WV HB3353

Supplemental Appropriation - Commerce - iHub

WV SB1002

Supplementing and amending appropriations to DOT, Division of Highways

WV SB781

Decreasing appropriation to Economic Development Authority and increasing appropriation to Department of Human Services

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.