HB 206 directs the West Virginia Legislature to allocate an additional $2 million from the state's general revenue surplus to the General Administrative Fund of West Virginia University for fiscal year 2025. This bill specifically increases funding for the university's administrative operations, which are managed under the Higher Education Policy Commission. The legislation adds a new line item to the existing budget to cover these expenses during the fiscal year ending June 30, 2025.
HB 207 directs the State Treasurer to release additional funds from the state's unspent surplus revenue to the Department of Education for the 2025 fiscal year. This money is specifically designated to support the State Board of Education and the Aid for Exceptional Children program. The bill adds new funding categories to cover special education services for institutionalized individuals and juveniles held in detention centers. By utilizing existing surplus cash, the legislation provides immediate financial resources for these designated educational units without creating new debt.
This bill authorizes the West Virginia Legislature to increase funding for the Office of the Secretary within the Department of Economic Development for the fiscal year ending June 30, 2025. The legislation directs the transfer of $125 million from the existing surplus general revenue fund to the Economic Enhancement Grant Fund and an additional $10 million to the West Virginia Jobs Investment Trust. By reallocating these specific amounts, the bill ensures that these designated programs have the necessary financial resources to operate during the specified fiscal year.
This bill authorizes the West Virginia Legislature to allocate an additional $375,000 from the state's unspent general revenue surplus to the West Virginia State Police for fiscal year 2025. The funds are designated specifically for capital outlay, repairs, and equipment needs within the Department of Homeland Security. By adding this new line item to the existing budget, the legislation ensures that the state police have the necessary financial resources to maintain and upgrade their operational capabilities during the 2025 fiscal year.
This bill authorizes the West Virginia Legislature to allocate an additional $1,200,000 from the state's unspent general revenue surplus to the Department of Veterans' Assistance for fiscal year 2025. The funds are designated specifically for capital outlay, repairs, and equipment at the Veterans' Home. By adding this new appropriation line item, the legislation ensures that the facility has the necessary financial resources for maintenance and upgrades during the current fiscal year.
This bill authorizes the West Virginia Legislature to allocate an additional $100 million from the state's unappropriated surplus funds to the Governor's Office Civil Contingent Fund for fiscal year 2025. The legislation directly affects the state's executive branch by providing extra money to the fund designated for handling unexpected emergencies and unforeseen expenses. By adding this new appropriation item, the bill ensures that the Governor has access to these resources during the fiscal year ending June 30, 2025, to address urgent needs as they arise. This action fulfills a recommendation made by the Governor in an executive message submitted to the legislature regarding the state's financial status.
This bill authorizes the West Virginia Legislature to allocate additional state funds to the Higher Education Policy Commission for fiscal year 2025. The legislation directs specific amounts from the state's general revenue surplus to two designated programs: $5 million for fire and emergency services training and $17 million to expand nursing education initiatives. By adding these new line items to the existing budget account, the bill ensures that the Higher Education Policy Commission has the necessary resources to support these specific training and educational expansion efforts.
This bill directs the state Treasurer's Office to remove $15 million from the Unclaimed Property Fund for the 2025 fiscal year. The money will be moved to the state's general revenue surplus account instead of being spent on specific programs. This action reduces the available budget for the Unclaimed Property Fund while increasing the unspent balance in the general state fund. The legislation was approved by the governor and enacted as part of the state's budget adjustments for that year.
This bill modifies West Virginia's personal income tax structure, establishing new graduated tax rates that take effect for taxable years beginning on or after January 1, 2025. Under the new provisions, the state will lower withholding tax rates on nonresident income, the sale of real estate by nonresidents, and lottery winnings. Additionally, the legislation creates a formula to automatically reduce future personal income tax rates if the state's revenue collections exceed inflation-adjusted baseline levels, with reductions capped at a maximum of 10%. These changes directly affect West Virginia residents and nonresidents earning income within the state, replacing previous tax rate schedules with a new tiered system and a mechanism for potential future cuts.
This bill provides an additional $349,715 in state funding for New River Community and Technical College for the fiscal year 2025. The money comes from the state's unappropriated surplus balance and is designated for the college's general operations. Once approved, the funds are available for the college to spend during its 2025 fiscal year.
This bill authorizes an additional $15 million in state funds for the Division of Corrections and Rehabilitation and the Regional Jail and Correctional Facility Authority in West Virginia. The money is designated for the fiscal year ending June 30, 2025, and will be used to support building-related expenses for correctional facilities. The legislation draws from unspent funds already available in the state treasury to supplement the existing budget for these agencies.
This bill provides additional funding to the West Virginia School Building Authority's School Construction Fund for the fiscal year ending June 30, 2025. The legislation authorizes the release of unspent money from the state treasury to cover expenses related to charter school construction grants. Specifically, it adds a new appropriation item of $5,000,000 to the existing budget for these projects. Once enacted, the funds become available for the authority to use toward building and improving charter school facilities within the state.
