West Virginia 2018 Regular Session Status: Enacted

SB 438 — Relating to debt service on bonds secured by State Excess Lottery Revenue Fund

Last action — Chapter 167, Acts, Regular Session, 2018

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House of Delegates
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 31, 2018. Enacted.

Prognosis

Likely to advance 78% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 5 sponsors

    1 primary, 4 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

53 added · 49 removed

Plain-language change summary

The latest version of SB 438 includes updates that clarify funding deposits into state park improvement and debt service funds. Specifically, it reorganizes the language around the deposits, ensuring that a fixed amount of $5 million is set aside for the State Park Improvement Fund, while also specifying the conditions under which additional amounts may be deposited into the State Parks Lottery Revenue Debt Service Fund. These changes matter because they aim to provide consistent funding for park improvements, which can enhance recreational opportunities and preserve natural resources.

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NEWS RELEASES HELPFUL LINKS Enrolled Version - Final Version « Senate Bill 438 History OTHER VERSIONS  —  Committee Substitute (1)  |  Introduced Version  |   |  Email Key:
NEWS RELEASES HELPFUL LINKS SB438 SUB1 « Senate Bill 438 History OTHER VERSIONS  —  Enrolled Version - Final Version  |  Introduced Version  |   |  Email Key:
Red = new code to be enacted WEST virginia legislature regular session ENROLLED Committee Substitute for Senate Bill 438 Senators Maynard, Prezioso, Beach, Plymale, and Jeffries, original sponsors [Passed March 10, 2018;
Red = new code to be enacted WEST virginia legislature regular session Committee Substitute for Senate Bill 438 By Senators Maynard, Prezioso, Beach, Plymale, and Jeffries [Originating in the Committee on Finance;
in effect 90 days from passage]     AN ACT to amend and reenact §29-22-18e of the Code of West Virginia, 1931, as amended;
Reported on February 27, 2018]     A BILL to amend and reenact §29-22-18e of the Code of West Virginia, 1931, as amended;
and to amend said code by adding thereto a new section, designated §31-15-16d, all relating to authorizing additional bonds for state park projects;
and to amend said code by adding thereto a new section, designated §31-15-16d, all relating to debt service on bonds secured by the State Excess Lottery Revenue Fund;
requiring certain deposits from the State Excess Lottery Revenue Fund;
and clarifying the timing of debt service payments to the State Parks Lottery Revenue Debt Service Fund.
providing for allocation of certain funds not needed for debt service to state park improvements;
authorizing the Economic Development Authority to issue certain revenue bonds;
providing limitations on bond issuance;
creating a special revenue account;
and providing for allocation of bond proceeds.
Notwithstanding any provision of §29-22-18a(d) of this code to the contrary, the deposit of $5 million into the State Park Improvement Fund is for the fiscal year beginning July 1, 2012, only.
Notwithstanding any provision of §29-22-18a(d) of this code to the contrary, the deposit of $5 million into the State Park Improvement Fund set forth in section eighteen-a of this article is for the fiscal year beginning July 1, 2012, only.
For the fiscal year beginning July 1, 2013, and each fiscal year through the fiscal year ending June 30, 2018, in lieu of the deposits required under §29-22-18a(d)(7)of this code, the commission shall first deposit an amount equal to the certified debt service requirement, not to exceed $3 million in any one fiscal year, into the Cacapon and Beech Fork State Park Lottery Revenue Debt Service Fund created in §31-15-16b of this code, to be used in accordance with the provisions of §31-15-16b of this code, and second, deposit $5 million into the State Park Improvement Fund, established in §29-22-18a(d) of this code, to be used in accordance with the provisions of §29-22-18a(d) of this code.
For the fiscal year beginning July 1, 2013, and each fiscal year thereafter through the fiscal year ending June 30, 2018, in lieu of the deposits required under §29-22-18a(d)(7)of this code, the commission shall first deposit an amount equal to the certified debt service requirement, not to exceed $3 million in any one fiscal year, into the Cacapon and Beech Fork State Park Lottery Revenue Debt Service Fund created in §31-15-16b of this code, to be used in accordance with the provisions of §31-15-16b of this code, and second, deposit $5 million into the State Park Improvement Fund, established in §29-22-18a(d) of this code, to be used in accordance with the provisions of §29-22-18a(d) of this code.
and (2) deposit an amount equal to the certified debt service requirement, not to exceed $5.9 million in any one fiscal year, into the State Parks Lottery Revenue Debt Service Fund created in §31-15-16d of this code and if the certified debt service requirement is less than $5.9 million, deposit an amount equal to the difference between the certified debt service requirement and $5.9 million into the State Park Improvement Fund, established in §29-22-18a(d) of this code, to be used in accordance with the provisions of §29-22-18a(d) of this code:
and (2) deposit an amount equal to the certified debt service requirement, not to exceed $5.9 million in any one fiscal year, into the State Parks Lottery Revenue Debt Service Fund created in §31-15-16d of this code and second, if the amount deposited into the State Parks Lottery Revenue Debt Service Fund is less than $5.9 million, deposit an amount equal to the difference between such amount deposited in the State Parks Lottery Revenue Debt Service Fund and $5.9 million into the State Park Improvement Fund, established in §29-22-18a(d) of this code, to be used in accordance with the provisions of §29-22-18a(d) of this code:
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  NOTE:
The purpose of this bill is to authorize the issuance of bonds to fund improvements at state parks.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.
    Bill Status  |  Bill Tracking  |  Legacy WV Code  |  Bulletin Board  |  District Maps  |  Senate Roster  |  House Roster  |  Live  |  Blog  |  Jobs  |  Links  |  Home This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.
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Action History

  1. Chapter 167, Acts, Regular Session, 2018

  2. Approved by Governor 3/22/18

  3. To Governor 3/21/18

  4. Approved by Governor 3/22/18 - House Journal

  5. Approved by Governor 3/22/18 - Senate Journal

  6. To Governor 3/21/18 - House Journal

  7. To Governor 3/21/18 - Senate Journal

  8. House received Senate message

  9. Completed legislative action

  10. Communicated to House

  11. Senate concurred in House amendments and passed bill (Roll No. 476)

  12. House Message received

  13. Communicated to Senate

  14. Title amendment adopted (Voice vote)

  15. Passed House (Roll No. 459)

  16. Read 3rd time

  17. On 3rd reading, Special Calendar

  18. Committee amendment adopted (Voice vote)

  19. Read 2nd time

  20. On 2nd reading, Special Calendar

  21. Read 1st time

  22. On 1st reading, Special Calendar

  23. With amendment, do pass

  24. To House Finance

  25. To Finance

  26. Introduced in House

  27. Ordered to House

  28. Passed Senate (Roll No. 225)

  29. Read 3rd time

  30. Read 2nd time

  31. Constitutional Rule Suspended (Roll No. 224)

  32. Read 1st time

  33. Immediate consideration

  34. Committee substitute reported

  35. To Finance

  36. Introduced in Senate

  37. To Finance

  38. Filed for introduction

Sponsors

  • Prezioso · Cosponsor
  • Plymale · Cosponsor
  • Beach · Cosponsor
  • Maynard · Primary
  • Jeffries · Cosponsor

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 4 co-sponsors · 147 not signed on

Sponsors (1)

  • Maynard

Co-sponsors (4)

  • Prezioso
  • Plymale
  • Beach
  • Jeffries

Not signed on (147)

147 members have not signed on to this bill.

Show all 147 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

PASSAGE

Passed 98 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 68001
Republican 26000
Democrat 4000
Total 98001
% of votes cast 99%0%0%1%
How each member voted (99)
Member Party Vote
Lane — Yea
Romine, C. — Yea
Romine, R. — Yea
Foster — Yea
Blair — Yea
Martin — Yea
Maynard — Yea
Sypolt — Yea
Hartman — Yea
Thompson — Yea
Nelson — Yea
Atkinson — Yea
Bates — Yea
Boggs — Yea
Byrd — Yea
Capito — Yea
Caputo — Yea
Cowles — Yea
Deem — Not Voting
Fast — Yea
Ferro — Yea
Folk — Yea
Graves — Yea
Hamrick — Yea
Hicks — Yea
Higginbotham — Yea
Kessinger — Yea
Love — Yea
Lovejoy — Yea
Marcum — Yea
Overington — Yea
Rodighiero — Yea
Rowan — Yea
Shott — Yea
Sponaugle — Yea
Storch — Yea
Summers — Yea
Upson — Yea
Wagner — Yea
Diserio — Yea
Phillips — Yea
Speaker Armstead — Yea
Evans, A. — Yea
Evans, E. — Yea
Espinosa — Yea
Hollen — Yea
Householder — Yea
Isner — Yea
Pack — Yea
Paynter — Yea
Pyles — Yea
Robinson — Yea
Westfall — Yea
Wilson — Yea
Ambler — Yea
Brewer — Yea
Canestraro — Yea
Fleischauer — Yea
Frich — Yea
Harshbarger — Yea
Hill — Yea
Iaquinta — Yea
Longstreth — Yea
Lynch — Yea
Miley — Yea
Moye — Yea
Pethtel — Yea
Rowe — Yea
Sobonya — Yea
John Williams Democrat Yea
Mike Pushkin Democrat Yea
Sean Hornbuckle Democrat Yea
Shawn Fluharty Democrat Yea
Ben Queen Republican Yea
Betsy Kelly Republican Yea
Bill Hamilton Republican Yea
D. Rolland Jennings Republican Yea
Erica Moore Republican Yea
Gary G. Howell Republican Yea
George Miller Republican Yea
George Miller Republican Yea
Guy Ward Republican Yea
Jason Barrett Republican Yea
Jeff Campbell Republican Yea
Jeff Eldridge Republican Yea
Jim Butler Republican Yea
Joe Ellington Republican Yea
Joe Statler Republican Yea
Lisa White Republican Yea
Mark Dean Republican Yea
Mark Zatezalo Republican Yea
Marty Gearheart Republican Yea
Matthew Rohrbach Republican Yea
Pat McGeehan Republican Yea
Roger Hanshaw Republican Yea
Roy Cooper Republican Yea
Stanley Adkins Republican Yea
Vernon Criss Republican Yea
William Anderson Republican Yea

Official roll call →

Passage

Passed 32 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Unaffiliated 29002
Republican 3000
Total 32002
% of votes cast 94%0%0%6%
How each member voted (34)
Member Party Vote
ARVON — Yea
GAUNCH — Yea
RUCKER — Yea
JEFFRIES — Yea
SMITH — Yea
BALDWIN — Yea
KARNES — Yea
STOLLINGS — Yea
BEACH — Yea
MANN — Not Voting
SWOPE — Yea
BLAIR — Yea
MARONEY — Yea
SYPOLT — Yea
BOLEY — Yea
MAYNARD — Yea
TAKUBO — Yea
BOSO — Yea
OJEDA — Not Voting
TRUMP — Yea
PALUMBO — Yea
UNGER — Yea
CLINE — Yea
PLYMALE — Yea
WELD — Yea
PREZIOSO — Yea
WOELFEL — Yea
FACEMIRE — Yea
ROMANO — Yea
MR PRESIDENT — Yea
FERNS — Yea
Charles H. Clements Republican Yea
Mike Azinger Republican Yea
Sarah Drennan Republican Yea

Official roll call →

Subjects

finance environment
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 438?
SB 438 is sponsored by Prezioso, Plymale, Beach, Maynard, and Jeffries.
What is the current status of SB 438?
This bill has been enacted into law. Introduced January 31, 2018. Enacted.
Where can I track SB 438?
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