summary
Introduced
01/26/2026
01/26/2026
In Committee
01/26/2026
01/26/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to create an infrastructure fund that will be made from 5% from every rate increase granted to public and private utilities that is to be used for infrastructure repairs and improvements.
AI Summary
This bill establishes an "infrastructure improvement" fund for utility companies, requiring that 5% of any rate increase granted by the West Virginia Public Service Commission (the state agency that regulates utility rates) must be deposited into this fund. This money is specifically designated for physical utility infrastructure repairs and improvements, such as water lines or electrical transmission lines, and cannot be used for routine maintenance or passed on to consumers through other fees or future rate hikes. The fund is intended to support new infrastructure improvement projects.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
To House Energy and Public Works (on 01/26/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4824&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - Public Service Commission | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=955109503 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4824%20intr.htm&yr=2026&sesstype=RS&i=4824 |
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