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WV HB5558

Bill

Official Source

Status

Introduced

2/16/2026

Primary Sponsor

Josh Holstein

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Establishes the West Virginia Child Investment Account Matching Program to provide one-time state contributions to federally established "Trump Accounts" for children born in West Virginia
  • Caps matching contributions at $250 per eligible child, with total annual program disbursements limited to $2.5 million
  • Allows the State Treasurer to prioritize households with incomes at or below 300% of the federal poverty level
  • Requires children to already have an established Trump Account through the federal program before receiving state matching funds
  • Creates no entitlement to matching funds; contributions depend entirely on legislative appropriation

Legislative Description

To create the West Virginia Child Investment Account Matching Program.

Finance and Administration

Last Action

To House Finance

2/16/2026

Committee Referrals

Finance2/16/2026

Full Bill Text

No bill text available