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WV HB4367

Bill

Official Source

Status

Introduced

1/15/2026

Primary Sponsor

Doug Smith

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Surplus funds collected above voter-approved excess levy amounts would remain with the county that approved the levy rather than being transferred elsewhere
  • Excess levy funds beyond the specific annual amounts identified in the levy call must be deposited into the county's general fund
  • County commissions, municipalities, and county boards of education may impose voter-approved excess levies for up to five years at specified maximum rates per $100 of property value
  • The bill changes mandatory "shall" language throughout the statute to permissive "may" language regarding levy procedures and bond issuance

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

1/15/2026

Committee Referrals

Banking & Insurance1/29/2026
Finance1/15/2026

Full Bill Text

No bill text available