Finance

On The Legislature Today, Governor Jim Justice is declaring a symbolic State of Emergency in West Virginia due to Republican plans to cut Medicaid dollars.

Legislative leaders released their budget framework last week that would cut the program by $50 million, they say. Justice say the cuts will result in a healthcare crisis in the state.

Perry Bennett / West Virginia Legislative Photography

Members of the House will have to agree to a plan that closes the 2016 budget gap. On Wednesday, the chamber’s floor session largely focused on what that plan may look like for both the 2016 and 2017 fiscal years.

Perry Bennett / West Virginia Legislative Photography

Lawmakers continue to move forward with legislation to balance this year’s budget, and three of those bills will be up for a vote in the House of Delegates on Monday.

Senate Bills 342, 357, and 360 are all aimed at balancing the 2016 budget.

Governor Tomblin’s budget officials say the state will end the fiscal year in June with a nearly $400 million budget gap and West Virginia lawmakers are constitutionally required to balance the budget each fiscal year.

Liz McCormick / West Virginia Public Broadcasting

The House considered House Bill 2562 Monday, relating to sales tax increment financing. This bill would authorize recalculation of the base tax revenue amount, specifically in reference to Morgantown and other areas of Monongalia County.