WV HB3220 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on February 2 2023 - 25% progression, died in committee
Action: 2023-02-02 - To House Pensions and Retirement
Pending: House Pensions & Retirement Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to increase the maximum amount of money in a county's financial stabilization fund from 30 percent of the county's most recent general fund budget to 50 percent of that fund. This fund is commonly known as a "Rainy Day Fund".

Tracking Information

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Title

Increasing amount of excess funds to be held over to following year

Sponsors


History

DateChamberAction
2023-02-02HouseTo House Pensions and Retirement
2023-02-02HouseIntroduced in House
2023-02-02HouseTo Pensions and Retirement then Finance
2023-02-02HouseFiled for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
7213Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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