summary
Introduced
02/09/2026
02/09/2026
In Committee
02/09/2026
02/09/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to provide for the creation of an operational sinking fund for impact fees.
AI Summary
This bill establishes an "operational sinking fund" for impact fees, which are fees charged to developers to help cover the costs of expanding public services like roads or utilities that are needed due to new development. The bill allows a portion of these collected impact fees, up to 25% of the total fee assessed, to be placed into this fund. This fund can then be used to pay for various operations that support public services in counties experiencing growth, with the exception of school-related expenses. The bill also clarifies that any impact fees already collected can be used in the same way and that this new provision will be effective immediately upon passage.
Committee Categories
Budget and Finance
Sponsors (8)
Joe Funkhouser (R)*,
Wayne Clark (R),
Mike Hite (R),
Chuck Horst (R),
Ian Masters (R),
George Miller (R),
Bill Ridenour (R),
Lisa White (R),
Last Action
To House Finance (on 02/09/2026)
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=5329&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - County Commissioners' Association of West Virginia | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=954760748 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb5329%20intr.htm&yr=2026&sesstype=RS&i=5329 |
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