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WV HB5329

Bill

Official Source

Status

Introduced

2/9/2026

Primary Sponsor

Joe Funkhouser

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Creates an operational sinking fund allowing counties to use a portion of impact fees for ongoing public service operations related to growth, rather than only capital improvements
  • Caps operational funding at 25% of the total impact fee assessed
  • Permits retroactive use of previously collected impact fees for operational purposes
  • Excludes schools from eligibility for operational impact fee funding
  • Takes effect immediately upon passage

Legislative Description

Expand the usage of impact fees for county development

Taxation

Last Action

To House Finance

2/9/2026

Committee Referrals

Finance2/9/2026

Full Bill Text

No bill text available