Standing Committee on Finance - Agenda

02/24/26, 5:00 PM

I. Call to Order

II. Roll Call

III. Approval of Minutes

IV. Reports from Subcommittees

No Bills

V. Markup and Passage

HB4416 - Classifying forestry equipment for levy purposes

HB5382 - Relating to the Neighborhood Investment Program.

HB5459 - Relating to a tax on managed care organizations

HB4768 - Relating to updating definitions to incorporate federal law changes to qualified higher education expenses for purposes of 529 accounts

HB4245 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to insurance adjusters.

*Revenue Rules Bundle

HB4236 - Relating to authorizing the Alcohol Beverage Control Administration to promulgate a legislative rule relating to private clubs.

HB4237 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators.

HB4238 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the installation, operation, and sharing of customer bank communication terminals and the utilization of nonexclusive access interchange system.

HB4239 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the notice and treatment of joint accounts.

HB4240 - Relating to authorizing the Commissioner of Financial Institutions to promulgate a legislative rule relating to the Fintech Regulatory Sandbox Program.

HB4241 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to fingerprinting requirements for applicants for insurance producer license and insurance adjuster license.

HB4242 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students.

HB4243 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to mass marketing of property and liability insurance.

HB4244 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to the advertisement of accident and sickness insurance.

HB4246 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to insurance holding company systems.

HB4247 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to credit for reinsurance.

HB4248 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to mental health parity.

HB4249 - Relating to authorizing the Lottery Commission to promulgate a legislative rule relating to interactive wagering.

HB4250 - Relating to authorizing the Racing Commission to promulgate a legislative rule relating to thoroughbred racing.

HB4251 - Relating to authorizing the Racing Commission to promulgate a legislative rule relating to Advance Deposit Account Wagering.

HB4252 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of timberland and managed timberland.

HB4253 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of public utility property for ad valorem property tax purposes.

HB4254 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to a tax credit for providing vehicles to low-income workers.

HB4255 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to Downstream Natural Gas Manufacturing Investment Tax Credit.

HB4256 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to High-Wage Growth Business Tax Credit.

HB4257 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to commercial patent incentives tax credits.

HB4258 - Relating to authorizing the Tax Department to promulgate Tax Department to promulgate a legislative rule relating to on-line bingo and raffles.

HB4259 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the Soft Drinks Tax.

HB4260 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to income tax credits for property taxes paid.

HB4261 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to preneed cemetery companies.

HB ORG – Hope Scholarship

VI. Committee Hearing

HB5470 - Relating to financial or product assistance for prescription drugs

HB5480 - Relating to establishing the West Virginia Youth Summer Employment and Career Readiness Program.

HB5508 - Relating to Capitol Police Retirement

HB5511 - To allow money to be paid to county board of education employees’ estates for accrued and unused leave if they pass away before retirement

HB5527 - Relating to Wellness Reimbursement Programs

Com. Sub. for H. B. 4588 - Relating to participating in the federal tax credit scholarship program.

H. B. 5492 - Relating to advance purchase agreements for electric substation transformers.

HB4010 - Providing a statutory program for loaning financial assistance to local airports for airplane hangar construction in this state

HB4014 - Workforce Readiness and Opportunity Act

HB4191 - Increase the tax credit for employers providing childcare for employees.

HB4360 - Relating generally to allowing the Supreme Court of Appeals discretion to create uniform pay scales for all levels of judicial support staff.

HB4421 - Providing guidelines for the West Virginia Parkways Authority to cease tolls on the West Virginia Turnpike upon completion of all bond payments

HB4485 - Allow education employees to donate sick leave to co-workers for maternity leave

HB4770 - Establishing limitations on the use of artificial intelligence and artificial intelligence technology to deliver mental health care, with exceptions for administrative support functions

HB4833 - To remove the cap for municipalities on their stabilization fund

HB5106 - Relating to the Greater Huntington Park and Recreation District

HB5088 - Relating to Natural Resource Police Officer Retirement.

HB5398 - Relating to dates and deposits for Oil and Gas Well Plugging

HB5453 - To modify the school aid funding formula.

HB5457 - To allow partial credits for times of disability service in the CPRB for Troopers.

VII. Agency Review

No Bills

VIII. Miscellaneous Business

IX. Adjournment

Agenda is subject to change

02/24/26, 9:00 AM

I. Call to Order

II. Roll Call

III. Approval of Minutes

IV. Reports from Subcommittees

No Bills

V. Markup and Passage

HB4416 - Classifying forestry equipment for levy purposes

HB5382 - Relating to the Neighborhood Investment Program.

HB5459 - Relating to a tax on managed care organizations

HB4768 - Relating to updating definitions to incorporate federal law changes to qualified higher education expenses for purposes of 529 accounts

HB4245 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to insurance adjusters.

*Revenue Rules Bundle

H. B. 4236 - Relating to authorizing the Alcohol Beverage Control Administration to promulgate a legislative rule relating to private clubs.

H. B. 4237 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to residential mortgage lenders, brokers, and loan originators.

H. B. 4238 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the installation, operation, and sharing of customer bank communication terminals and the utilization of nonexclusive access interchange system.

H. B. 4239 - Relating to authorizing the Division of Financial Institutions to promulgate a legislative rule relating to the notice and treatment of joint accounts.

H. B. 4240 - Relating to authorizing the Commissioner of Financial Institutions to promulgate a legislative rule relating to the Fintech Regulatory Sandbox Program.

H. B. 4241 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to fingerprinting requirements for applicants for insurance producer license and insurance adjuster license.

H. B. 4242 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to premium financing for life insurance for college students.

H. B. 4243 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to mass marketing of property and liability insurance.

H. B. 4244 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to the advertisement of accident and sickness insurance.

H. B. 4246 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to insurance holding company systems.

H. B. 4247 - Relating to authorizing the Insurance Commission to promulgate a legislative rule relating to credit for reinsurance.

H. B. 4248 - Relating to authorizing the Insurance Commissioner to promulgate a legislative rule relating to mental health parity.

H. B. 4249 - Relating to authorizing the Lottery Commission to promulgate a legislative rule relating to interactive wagering.

H. B. 4250 - Relating to authorizing the Racing Commission to promulgate a legislative rule relating to thoroughbred racing.

H. B. 4251 - Relating to authorizing the Racing Commission to promulgate a legislative rule relating to Advance Deposit Account Wagering.

H. B. 4252 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of timberland and managed timberland.

H. B. 4253 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the valuation of public utility property for ad valorem property tax purposes.

H. B. 4254 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to a tax credit for providing vehicles to low-income workers.

H. B. 4255 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to Downstream Natural Gas Manufacturing Investment Tax Credit.

H. B. 4256 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to High-Wage Growth Business Tax Credit.

H. B. 4257 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to commercial patent incentives tax credits.

H. B. 4258 - Relating to authorizing the Tax Department to promulgate Tax Department to promulgate a legislative rule relating to on-line bingo and raffles.

H. B. 4259 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to the Soft Drinks Tax.

H. B. 4260 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to income tax credits for property taxes paid.

H. B. 4261 - Relating to authorizing the Tax Department to promulgate a legislative rule relating to preneed cemetery companies.

VI. Committee Hearing

HB4010 - Providing a statutory program for loaning financial assistance to local airports for airplane hangar construction in this state

HB4014 - Workforce Readiness and Opportunity Act

HB4191 - Increase the tax credit for employers providing childcare for employees.

HB4360 - Relating generally to allowing the Supreme Court of Appeals discretion to create uniform pay scales for all levels of judicial support staff.

HB4421 - Providing guidelines for the West Virginia Parkways Authority to cease tolls on the West Virginia Turnpike upon completion of all bond payments

HB4485 - Allow education employees to donate sick leave to co-workers for maternity leave

HB4770 - Establishing limitations on the use of artificial intelligence and artificial intelligence technology to deliver mental health care, with exceptions for administrative support functions

HB4833 - To remove the cap for municipalities on their stabilization fund

HB5106 - Relating to the Greater Huntington Park and Recreation District

HB5088 - Relating to Natural Resource Police Officer Retirement.

HB5398 - Relating to dates and deposits for Oil and Gas Well Plugging

HB5453 - To modify the school aid funding formula.

HB5457 - To allow partial credits for times of disability service in the CPRB for Troopers.

HB5470 - Relating to financial or product assistance for prescription drugs

HB5480 - Relating to establishing the West Virginia Youth Summer Employment and Career Readiness Program.

HB5508 - Relating to Capitol Police Retirement

HB5511 - To allow money to be paid to county board of education employees’ estates for accrued and unused leave if they pass away before retirement

HB5527 - Relating to Wellness Reimbursement Programs

VII. Agency Review

No Bills

VIII. Miscellaneous Business

IX. Adjournment

Agenda is subject to change