This bill amends the Code of West Virginia to enhance the flexibility of the Division of Highways in managing the State Road Fund. 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 spending needs. The bill specifies that the costs associated with the construction, reconstruction, improvement, or maintenance of state roads, as well as other authorized state road purposes, will be funded from moneys received or appropriated to the Commissioner of the Division of Highways.

Additionally, the bill mandates that the Division of Highways provide annual reports to the Governor and the Joint Legislative Commission of the Department of Transportation Accountability. These reports will detail the transfers of spending authority, including the funds involved, amounts transferred, dates of transfer, and reasons for the transfers. This legislative change aims to provide the Division of Highways with similar spending authority flexibility that other Special Revenue agencies possess, ensuring that the agency can effectively respond to changing financial needs throughout the fiscal year while maintaining legislative oversight through the annual budget process.

Statutes affected:
Introduced Version: 17-3-2