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WV HB2116

Bill

Official Source

Status

Introduced

2/12/2025

Primary Sponsor

Doug Smith

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Surplus funds collected from voter-approved special excess levies that exceed the specific annual amounts identified in the levy call would remain with the county where the levy was imposed
  • Retained surplus levy funds must be deposited into the county's general fund and spent like other general fund money
  • Applies to any special excess levy during its term (maximum 5 years) when collections exceed what voters specifically approved
  • Updates terminology throughout the statute, replacing "shall" with "will" in various provisions

Legislative Description

Allowing for surplus money collected above voter approved excess levy requests to remain with specific county and placed in general fund

Taxation

Last Action

To House Finance

2/12/2025

Committee Referrals

Finance2/12/2025

Full Bill Text

No bill text available