Post by Logan on Jan 28, 2016 0:37:32 GMT -6
The West Virginia Senate waived its normal constitutional rules Wednesday to pass four pieces of legislation which must be enacted by the end of the month for the state to keep paying its bills on time.
The four bills (SB 342, 357, 360 and 364) shuffle money among various government accounts so that the state, in the midst of huge revenue shortfalls, can continue to meet its obligations.
“The passage of these four supplemental bills by the end of the month is critical for cash flow purposes and for the balancing of the 2016 budget,” said Lalena Price, a spokeswoman for the state Department of Revenue.
The bills are known as supplemental appropriations bills, as they are supplements to the budget bill passed last year by the Legislature.
- See more at: www.wvgazettemail.com/news/20160127/legislation-enabling-wv-to-pay-its-bills-passes-state-senate#sthash.dLJiPQ8l.dpuf
The four bills (SB 342, 357, 360 and 364) shuffle money among various government accounts so that the state, in the midst of huge revenue shortfalls, can continue to meet its obligations.
“The passage of these four supplemental bills by the end of the month is critical for cash flow purposes and for the balancing of the 2016 budget,” said Lalena Price, a spokeswoman for the state Department of Revenue.
The bills are known as supplemental appropriations bills, as they are supplements to the budget bill passed last year by the Legislature.
- See more at: www.wvgazettemail.com/news/20160127/legislation-enabling-wv-to-pay-its-bills-passes-state-senate#sthash.dLJiPQ8l.dpuf