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WV HB5308
WV HB5308Supplemental Appropriation to the State Board of Education - Hope Scholarship Program from Lottery Surplus.
summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this supplemental appropriation bill is to add a new item of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2026.
AI Summary
This bill supplements and amends existing appropriations by allocating funds from an unappropriated surplus balance of Lottery Net Profits, which are revenues generated from the state's lottery system. Specifically, it adds a new appropriation item for the fiscal year 2026, designating $16,977,752 from these lottery funds to the State Board of Education for the Hope Scholarship Program, with an additional $30,498 allocated from general lottery funds. This action is taken because the Governor's Executive Budget Document, submitted in January 2026, indicated that there was a surplus of lottery profits remaining in the State Treasury available for spending before June 30, 2026.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
To House Finance (on 02/06/2026)
Official Document
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=5308&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb5308%20intr.htm&yr=2026&sesstype=RS&i=5308 |
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