WV SB440 | 2023 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Engrossed on February 28 2023 - 50% progression, died in committee
Action: 2023-03-01 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

The purpose of this bill is to allow the Commissioner of Highways to utilize the spending authority of the State Road Fund to pay current obligations by moving spending authority within the fund for a fiscal year. This would give the DOH the same or similar ability to transfer spending authority that other Special Revenue agencies have. When the agency forecasts what funding it will need two years out, the estimates for each appropriation line are not exact. DOH may predict it will need $1 million dollars in maintenance, but halfway through the fiscal year, the need in maintenance may be greater than anticipated. Under this legislation, spending authority can be moved to maintenance from any other appropriation which had been allocated more than will be utilized that fiscal year. The Legislature would approve the overall allocation for the State Road Fund through the annual budget bill and the Division would report the transfers to the Governor and the Legislature.

Tracking Information

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Title

Authorizing DOH pay current obligations from State Road Fund

Sponsors


Roll Calls

2023-02-28 - Senate - Passed Senate (Roll No. 312) (Y: 33 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-03-01HouseTo House Finance
2023-03-01HouseTo Finance
2023-03-01HouseIntroduced in House
2023-02-28SenateOrdered to House
2023-02-28SenatePassed Senate (Roll No. 312)
2023-02-28SenateRead 3rd time
2023-02-28SenateOn 3rd reading
2023-02-27SenateRead 2nd time
2023-02-27SenateOn 2nd reading
2023-02-25SenateRead 1st time
2023-02-25SenateOn 1st reading
2023-02-24SenateCommittee substitute for committee substitute reported
2023-02-15SenateTo Finance
2023-02-15SenateCommittee substitute reported, but first to Finance
2023-01-23SenateTo Transportation and Infrastructure
2023-01-23SenateIntroduced in Senate
2023-01-23SenateTo Transportation and Infrastructure then Finance
2023-01-23SenateFiled for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1732Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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