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WV HB3520
Bill
Status
4/11/2025
Primary Sponsor
Clay Riley
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AI Summary
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Transfers $56,192,210 total from various state agency funds to the General Revenue surplus balance for fiscal year ending June 30, 2025
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Largest fund transfers include $30,000,000 from the Insurance Commissioner Fund, $20,000,000 from the Treasurer's Office, and $3,000,000 from the Criminal Law Research Center Fund
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Smaller transfers include $1,000,000 from Fire Marshal Fees, $750,000 from Elevator Safety Fund, $500,000 from Division of General Services, $435,000 from Division of Natural Resources Planning and Development, $250,000 each from Contractor Licensing Board and Bedding and Upholstery Fund, and $7,210 from Office of Energy Assistance
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Appropriates the consolidated surplus funds to the Joint Committee on Government and Finance under Joint Expenses (fund 0175, organization 2300)
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Legislature determined these fund balances exceed amounts necessary for their original purposes
Legislative Description
Expiring funds to the surplus balance in the State Fund, General Revenue, Office of Energy
Last Action
Senate requests House to concur
4/12/2025