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WV HB4856
Bill
Status
1/28/2026
Primary Sponsor
Henry Dillon
Click for details
AI Summary
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Requires the State Auditor to transfer all remaining P-Card (purchasing card) rebates from state agency purchases to the PEIA Rainy Day Fund within three days of receipt
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Eliminates the current 10% transfer of P-Card rebates to the Purchasing Improvement Fund
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Maintains existing rebate allocations: 5.5% to the Entrepreneurship and Innovation Investment Fund, 10% to the Hatfield-McCoy Regional Recreation Authority, and 10% to the State Park Operating Fund
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Repeals §6-9-2b of the Code of West Virginia relating to the Local Government Purchasing Card Expenditure Fund
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Aims to stabilize the Public Employees Insurance Agency (PEIA) fund through redirected rebate revenues
Legislative Description
Requiring that all state agency P-card rebates received must go toward stabilizing the PEIA fund
Finance and Administration
Last Action
To House Finance
1/28/2026