HB 5308
Supplemental Appropriation to the State Board of Education - Hope Scholarship Program from Lottery Surplus.
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill uses a surplus from the West Virginia Lottery to provide additional funding to the Hope Scholarship Program, which is administered by the State Board of Education. Specifically, it adds $16,977,752 to Fund 3951, an account for the State Board of Education, for the fiscal year ending June 30, 2026. The funds are intended to support the Hope Scholarship Program’s operations.
Key provisions
- Allocates funds from the State Lottery surplus.
- Designates $16,977,752 for the Hope Scholarship Program.
- Increases funding for Fund 3951, an account managed by the State Board of Education.
- The appropriation is for the fiscal year ending June 30, 2026.
Who is affected
- State Board of Education
- Students participating in the Hope Scholarship Program
- Lottery Participants
Notable changes
- Provides supplemental funding to the Hope Scholarship Program.
- Utilizes a surplus from the State Lottery to fund the program.
Fiscal impact
The bill allocates $16,977,752 from lottery surplus funds to the State Board of Education for the Hope Scholarship Program.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Hanshaw (Mr. Speaker)
Arguments in favor
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