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WV HB5682
WV HB5682Supplemental Appropriation to expire funds to surplus balance of General Revenue
summary
Introduced
02/20/2026
02/20/2026
In Committee
Crossed Over
02/25/2026
02/25/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this supplemental appropriation bill is to expire funds to the surplus balance of General Revenue and to supplement and 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 directs that funds from the General Revenue, which is the state's main operating fund, be moved to its surplus balance, meaning any money not already designated for specific spending. Specifically, it appropriates $72,000,000 from the General Revenue fund for the fiscal year 2026 to the Higher Education Policy Commission's Administration Control Account. This appropriated amount is designated as "Current Expenses – Surplus" and is further broken down to allocate $30,000,000 for Marshall University School of Medicine, $5,000,000 for West Virginia University Dental School, $32,000,000 for West Virginia University School of Medicine, and $5,000,000 for the West Virginia School of Osteopathic Medicine, all for the purpose of expanding biomedical sciences research.
Sponsors (2)
Last Action
Communicated to Senate (on 02/25/2026)
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