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WV SB607

Bill

Status

Introduced

2/26/2025

Primary Sponsor

Jason Barrett

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Origin

Senate

2025 Regular Session

AI Summary

  • Transfers $25,000,000 from the Economic Development Authority's Economic Development Fund (fund 9060, organization 0944) to the unappropriated surplus balance of the State Fund, General Revenue

  • Funds are expired from fiscal year 2025 appropriations, with the transfer effective for the fiscal year ending June 30, 2025

  • The transferred funds become available for reappropriation during the same fiscal year (ending June 30, 2025)

  • Reduces the available expenditure balance of the Economic Development Fund by the $25 million transfer amount

Legislative Description

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

Appropriations

Last Action

To Finance

2/26/2025

Committee Referrals

Finance2/26/2025

Full Bill Text

No bill text available