SB1015
Type: B Origin: Senate West Virginia Comments: 0

Amending Amount Of Surplus Deposited Into Revenue Shortfall Reserve Fund

Summary
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AI Summary

This bill aims to adjust the amount of surplus funds that are deposited into the Revenue Shortfall Reserve Fund. It proposes changes to the allocation of excess revenues to ensure a more effective management of financial resources. The main provision involves increasing or decreasing the percentage of surplus funds deposited into the reserve fund based on specific criteria. This adjustment could have significant impacts on budgeting practices and fiscal stability by enhancing the government's ability to address revenue shortfalls and unforeseen expenses.

Bill Activity

  • 2024-05-19: Filed for introduction

  • 2024-05-19: Introduced in Senate

  • 2024-05-19: Committee reference dispensed

  • 2024-05-19: Immediate consideration

  • 2024-05-19: Read 1st time

  • 2024-05-19: Constitutional Rule Suspended (Roll No. 15)

  • 2024-05-19: Read 2nd time

  • 2024-05-19: Read 3rd time

  • 2024-05-19: Passed Senate (Roll No. 16)

  • 2024-05-19: Effective from passage (Roll No. 16)

  • 2024-05-19: Ordered to House

  • 2024-05-20: House received Senate message

  • 2024-05-20: Introduced in House

  • 2024-05-20: Reference dispensed

  • 2024-05-20: Immediate consideration

  • 2024-05-20: Read 1st time

  • 2024-05-20: Dispensed with Constitutional Rule (Roll No. 799)

  • 2024-05-20: Read 2nd time

  • 2024-05-20: Amendment reported by the Clerk

  • 2024-05-20: Amendment rejected (Roll No. 800)

  • 2024-05-20: Amendment reported by the Clerk

  • 2024-05-20: Amendment adopted (Voice vote)

  • 2024-05-20: Read 3rd time

  • 2024-05-20: Passed House (Roll No. 801)

  • 2024-05-20: Effective from passage (Roll No. 802)

  • 2024-05-20: Communicated to Senate

  • 2024-05-20: House Message received

  • 2024-05-20: Senate concurred in House amendments and passed bill (Roll No. 32)

  • 2024-05-20: Effective from passage (Roll No. 32)

  • 2024-05-20: Communicated to House

  • 2024-05-20: Completed legislative action

  • 2024-05-20: House received Senate message

  • 2024-05-22: To Governor 5/22/2024

  • 2024-05-21: To Governor 5/22/2024 - Senate Journal

  • 2024-05-23: To Governor 5/22/2024 - House Journal

  • 2024-05-24: Approved by Governor 5/24/2024

  • 2024-05-21: Approved by Governor 5/24/2024 - Senate Journal

  • 2024-05-21: Approved by Governor 5/24/2024 - House Journal

  • 2024-05-30: Chapter 15, Acts, 1st Extraordinary Session, 2024

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Sponsors (1)

Cosponsors (1)

Roll Calls (8):
Amendments (4):
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