Expiring funds to the surplus balance in the State Fund, General Revenue, Office of Energy
HB 3520 redirects $56.2 million in unused funds from 10 specific state accounts - such as the Treasurer’s Office ($20 million) and Insurance Commission Fund ($30 million) - into the State Fund’s General Revenue surplus for the 2025 fiscal year. The bill transfers money from accounts where balances exceeded necessary funding needs, as noted in the legislature’s findings. This action increases the available surplus balance in General Revenue for potential future appropriations. The bill does not create new spending but reallocates existing unspent funds to the state’s general treasury.
Bill status
passed both
4 of 5 stages cleared
Introduction
Apr 2025
Committee Review
Apr 2025
House of Delegates Passage
Apr 2025
Senate Passage
Apr 2025
Governor
Introduced Apr 9, 2025
Last action Apr 12, 2025
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What changed between versions
Engrossed Version
→
hb3520 sfa barrett _1 4-12 adopted.htm
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3 edits
MINOR
Senator Barrett amended HB 3520 to replace the original text after the enacting clause with a new version that maintains most of the same fund expiration amounts but adds a new reappropriation provision for fiscal year 2026. The amendment also adds a new appropriation line for the Department of Economic Development's Office of the Secretary to fund Site-Ready Projects, SEED, Vo-Tech and Workforce Investments.
Scope change
The bill's scope expanded to include a new appropriation for the Department of Economic Development's Office of the Secretary (Fund 0256) and added a reappropriation mechanism for unexpended balances from fiscal year 2025 to fiscal year 2026.
FISCAL
Added a new appropriation of $41,159,321 for the Department of Economic Development's Office of the Secretary to fund Site-Ready Projects, SEED, Vo-Tech and Workforce Investments in fiscal year 2025.
TIMELINE
Added a provision that any unexpended balance from the Site-Ready Projects, SEED, Vo-Tech and Workforce Investments appropriation at the close of fiscal year 2025 will be reappropriated for expenditure during fiscal year 2026.
TECHNICAL
Replaced the original text after the enacting clause with a new version that consolidates the fund expiration language and adds the new appropriation provisions.
Floor votes · Senate Apr 12, 2025 · House of Delegates Apr 11, 2025
How they voted
32–0
Passed · 1 other
Total votes 33
Apr 12, 2025
D
Democratic2
100% Yea
R
Republican31
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
26
Key actions
4
Committee
2
Apr 12, 2025
Upper · Passed
Passed Senate (Roll No. 587)
upper
Apr 12, 2025
Upper · Passed
Committee reference dispensed
upper
Apr 12, 2025
Introduced
Introduced in Senate
upper
Apr 11, 2025
Lower · Passed
Passed House (Roll No. 546)
lower
Apr 9, 2025
Lower · Passed
Do pass
lower
Apr 9, 2025
Introduced
Introduced in House
lower
1 primary · 9 co-sponsors
Sponsors
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