HB 5682
Supplemental Appropriation to expire funds to surplus balance of General Revenue
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- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the state to transfer $72 million from existing funds to the unappropriated surplus balance of the State Fund, General Revenue. Specifically, it expires $37 million from the Governor’s Office – Civil Contingent Fund (2023) and $35 million from the Governor’s Office – Civil Contingent Fund (2017). Additionally, the bill supplements the Higher Education Policy Commission’s budget by $72 million, allocating funds to several West Virginia University medical schools and a West Virginia School of Osteopathic Medicine for biomedical research expansion.
Key provisions
- Expires $37,000,000 from the Governor’s Office – Civil Contingent Fund (2023).
- Expires $35,000,000 from the Governor’s Office – Civil Contingent Fund (2017).
- Supplements the Higher Education Policy Commission’s budget by $72,000,000.
- Allocates funds to Marshall University School of Medicine ($30,000,000).
- Allocates funds to West Virginia University Dental School ($5,000,000).
- Allocates funds to West Virginia University School of Medicine ($32,000,000).
- Allocates funds to West Virginia School of Osteopathic Medicine for research ($5,000,000).
- Directs the transfer of funds to the unappropriated surplus balance of the State Fund, General Revenue.
Who is affected
- Higher Education Policy Commission
- Marshall University
- West Virginia University
- West Virginia School of Osteopathic Medicine
- State General Revenue Fund
Notable changes
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