This bill amends West Virginia's Code regarding the State Road Fund, specifically section 17-3-2, to enhance the flexibility of the Division of Highways in managing its budget. It allows the Commissioner of the Division of Highways to transfer spending authority between different appropriation lines within the State Road Fund's annual budget to address unforeseen expenses in road maintenance and other authorized state road purposes. The bill replaces the term "state road commission" with "Commissioner of the Division of Highways" and introduces a requirement for the Division of Highways to report annually to the Governor and the Joint Legislative Commission of the Department of Transportation Accountability on the transfers made, including details such as the funds involved, amounts, dates, and reasons for the transfers.

The intent of this legislation is to provide the Division of Highways with similar spending authority flexibility that other Special Revenue agencies possess, allowing for more effective financial management in response to changing needs throughout the fiscal year. By enabling the transfer of funds from underutilized appropriations to areas with greater demand, the bill aims to ensure that the Division can meet its obligations without requiring additional legislative approval for each transfer, while still maintaining oversight through annual reporting.

Statutes affected:
Introduced Version: 17-3-2