SB 877 — Supplemental appropriation to Department of Commerce, fund 0256

WEST VIRGINIA LEGISLATURE REGULAR SESSION IntroducedCommittee Substitute for Senate Bill 877 ByBYS SenatorsENATORSS SmithMITH(MR. (Mr.

President)RESIDENT)ANDW OELFEL (Y REQUEST OF THEEXECUTIV) [Reported March 6, 2026, from the Committee on Finance] CS for SB 877 A BILL supplementing and Woelfelamending (Bythe Requestappropriations of public moneys out of the Executive)Treasury [Introducedfrom Februarythe 9,balance 2026;of moneys remaining as an unappropriated surplus balance in the State Fund, General Revenue, to the Department of Commerce, Division of Economic Development, fund 0256, fiscal year 2026, organization 0307, by supplementing and amending the appropriations for the fiscal year ending June 30, 2026, by adding a new item of appropriation.

referred to the Committee on Finance] Intr SB 877 2026R3855S 2026R3856H A BILL supplementing and amending the appropriations of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated surplus balance in the State Fund, General Revenue, to the Department of Commerce, Division of Economic Development, fund 0256, fiscal year 2026, organization 0307, by supplementing and amending the appropriations for the fiscal year ending June 30, 2026, by adding a new item of appropriation.

That the total appropriation for the fiscal year ending June 30, 2026, to fund 0256, fiscal year 2026, organization 0307, be supplemented and amended addingto aread new item of appropriation as follows:

Code Chapter 5B) Fund 0256 FY 2026 Org 0307 Intr SB 20226R3855S 2026R3856 General Appro- Revenue priationCS Fund 7a Directed Transfer – Surplus...........................70099...........40,000,000 The above appropriation for DirectedSB Transfer877 –priation SurplusFund (fundPersonal 0256,Services appropriation 70099) shall be transferred to the Economic Development Promotion and ClosingEmployee FundBenefits.................00100.....$... (fund 3171).

NOTE:3,856,055 Unclassified............................................09900.............108,055..........

TheCurrent purposeExpenses........................................13000...........4,052,861.... of this supplemental appropriation bill is to add a new item of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2026.

Strike-throughsLocal indicateEconomic languageDevelopment thatPartnerships would(R) be............13300...... stricken from a heading or the present law and underscoring indicates new language that would be added.

1,250,000 ARC Assessment..........................................13600.............152,585...

Global Economic Development Partnerships (R) ...........20201.....

150,000 Guaranteed Work Force Grant (R) ........................24200.............997,499 Directed Transfer – Surplus.............................70099..........40,000,000 Mainstreet Program .....................................79400.............142,525....

Marshall University Research Corporation ...............80701...........

500,000 BRIM Premium............................................91300...............3,157.....

Hatfield McCoy Recreational Trail ......................96000.............198,415 Total .........................................................$....51,411,152.............

Any unexpended balances remaining in the appropriations for Unclassified – Surplus (fund 0256, appropriation 09700), Partnership Grants (fund 0256, appropriation 13100), Local Economic Development Partnerships (fund 0256, appropriation 13300), Global Economic Development Partnerships (fund 0256, appropriation 20201), and Guaranteed Work Force Grant (fund 0256, appropriation 24200), and Current Expenses – Surplus (fund 0256, appropriation 13099) at the close of the fiscal year 2025 are hereby reappropriated for expenditure during the fiscal year 2026.

From the above appropriation for Current Expenses (fund 0256, appropriation 13000), $50,000 shall be used for the Western Potomac Economic Partnership, $100,000 shall be used for Advantage Valley, $750,000 shall be used for the Robert C.

Byrd Institute, $548,915 is for West Virginia University, and $298,915 is for Southern West Virginia Community and Technical College for the Mine Training and Energy Technologies Academy.

CS for SB 877 The above appropriation to Local Economic Development Partnerships (fund 0256, appropriation 13300) shall be used by the Division of Economic Development for the award of funding assistance to county and regional economic development corporations or authorities participating in the Certified Development Community Program developed under the provisions of §5B-2-14 of the code.

The Division of Economic Development shall award the funding assistance through a matching grant program, based upon a formula whereby funding assistance may not exceed $50,000 per county served by an economic development or redevelopment corporation or authority.

The above appropriation for Directed Transfer – Surplus (fund 0256, appropriation 70099) shall be transferred to the Economic Development Promotion and Closing Fund (fund 3171).