Bill > HB4856

This bill mandates that all rebates received by state agencies from their purchasing cards, often referred to as P-cards, must be directed to stabilize the PEIA Rainy Day Fund. P-cards are credit cards used by government employees for authorized purchases, and rebates are essentially discounts or cash-back rewards earned on these purchases. The PEIA (Public Employees Insurance Agency) Rainy Day Fund is a reserve fund designed to help cover unexpected costs or shortfalls in the agency's budget, particularly for employee health insurance. Currently, a portion of these P-card rebates are distributed to other funds, but this bill proposes to redirect all remaining rebates, after certain administrative expenses are covered, to the PEIA Rainy Day Fund to bolster its financial security.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4856&year=2026&sessiontype=RS&btype=bill