West Virginia 2024 Regular Session

West Virginia House Bill HB4307

Introduced
1/10/24  

Caption

Authorizing Division of Highways transfer of spending authority between appropriations

Impact

The impact of HB 4307, if passed, would potentially streamline the way the Division of Highways manages its budget while maintaining transparency. By allowing the transfer of spending authority, the bill enables the agency to better align its financial resources with current obligations and needs. This change can lead to timely responses to maintenance issues and enhance overall road safety, as resources can be redirected to critical areas without waiting for the next fiscal cycle. The Legislature would still oversee the overall allocation in the annual budget, preserving some level of accountability.

Summary

House Bill 4307 seeks to amend the Code of West Virginia by allowing the Commissioner of the Division of Highways to transfer spending authority between appropriations within the State Road Fund. This provision aims to provide greater flexibility in managing the state's road maintenance and other related expenses, enabling the Division of Highways to respond effectively to unforeseen financial demands that arise during the fiscal year. The bill is designed to enhance operational efficiency by permitting swift reallocation of financial resources where they are most needed.

Sentiment

The sentiment surrounding HB 4307 appears to be largely positive among those who advocate for more efficient funding management within the Department of Transportation. Supporters argue that the bill would provide the necessary agility to adjust fiscal allocations based on real-time needs. However, there may be concerns among certain stakeholders about potential misuse or lack of accountability regarding the transfers, underlining the importance of thorough reporting to the Governor and the Joint Legislative Commission.

Contention

Some notable points of contention may arise regarding how the bill impacts existing checks and balances in the budgeting process. While the flexibility it introduces may be seen as beneficial, there could be apprehensions about the transparency of the transfers and the adequacy of reporting mechanisms. Ensuring that the funds are allocated effectively without compromising the intended purposes of each appropriation line will be critical for maintaining stakeholder trust in the management of the State Road Fund.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.