Bill > HB2152

This bill, known as the Prompt Payment Act of 2025, establishes new requirements for state agencies in West Virginia regarding the timely payment of invoices and grants. The legislation defines key terms like "grantee" (any entity receiving a state grant), "vendor" (any person or entity supplying commodities or services to the state), and "legitimate claim for payment" (an uncontested invoice or grant disbursement notification). Under the act, state agencies must process and pay legitimate claims within 45 days of receipt, with the initial receiving agency required to disburse funds or process invoices within 10 business days. If an agency fails to make payment within the specified timeframe, it must report the violation to the State Auditor, and the State Auditor will publish a monthly updated list of noncompliant agencies on its website. The bill provides several exceptions, such as excluding certain types of payments like employee compensation, student aid, and federal pass-through funds. Vendors or grantees can also notify the State Auditor if they have not received payment within 45 days. The law will take effect 90 days after its passage and aims to improve the efficiency and accountability of state payment processes.

Budget and Finance, Government Affairs

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2152&year=2025&sessiontype=RS&btype=bill