---
type: "Bill"
title: "Eliminating cap on maximum amount of money in county's financial stabilization fund"
description: "Eliminating cap on maximum amount of money in county's financial stabilization fund"
jurisdiction: "us/states/wv"
legislature: "West Virginia Legislature"
session: "2024"
identifier: "SB 331"
citation: "West Virginia SB 331 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Clements"]
version_count: 5
action_count: 47
vote_count: 3
first_action: "2024-01-11"
last_action: "2024-04-23"
source: "openstates"
source_identifier: "ocd-bill/83f20f6d-e2e7-44d3-beea-ff345cae2a31"
source_url: "https://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=331&year=2024&sessiontype=RS&btype=bill"
source_hash: "5f0aef161f54429aaee5f0ad8f6d2d98d4de80e773a8e2ca60d3e3ca169dc102"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-wv"]
---

# West Virginia SB 331 (2024) — Eliminating cap on maximum amount of money in county's financial stabilization fund

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Substitute** (committee substitute) — [source](https://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb331%20sub1.htm&yr=2024&sesstype=RS&i=331)
2. **Enrolled Committee Substitute** (committee substitute) — [source](https://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb331%20sub1%20enr.htm&yr=2024&sesstype=RS&i=331)
3. **Introduced Version** (committee substitute) — [source](https://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=sb331%20intr.htm&yr=2024&sesstype=RS&i=331)
4. **sb331 hfat criss 2-28 adopted.htm** (committee substitute) — [source](https://www.wvlegislature.gov/legisdocs/chamber/2024/RS/floor_amends/sb331%20hfat%20criss%202-28%20adopted.htm)
5. **sb331 sub h fin am _1 adopted.htm** (committee substitute) — [source](https://www.wvlegislature.gov/legisdocs/chamber/2024/RS/com_amends/sb331%20sub%20h%20fin%20am%20_1%20adopted.htm)

## Votes

- PASSAGE — **96–0** (pass) · lower
- EFFECT FROM PASSAGE — **95–0** (pass) · lower
- Passage — **34–0** (pass) · upper

## Sponsors

- Clements — primary (person)
- Deeds — cosponsor (person)
- Grady — cosponsor (person)
- Roberts — cosponsor (person)
- Woodrum — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-12** Filed for introduction `filing`
- **2024-01-11** To Government Organization `referral-committee`
- **2024-01-12** Introduced in Senate `introduction`
- **2024-01-12** To Government Organization `referral-committee`
- **2024-01-31** Committee substitute reported
- **2024-02-01** On 1st reading
- **2024-02-01** Read 1st time `reading-1`
- **2024-02-02** On 2nd reading
- **2024-02-02** Read 2nd time `reading-2`
- **2024-02-05** On 3rd reading
- **2024-02-05** Read 3rd time `reading-3`
- **2024-02-05** Passed Senate (Roll No. 91) `passage`
- **2024-02-05** Effective from passage (Roll No. 91)
- **2024-02-05** Ordered to House
- **2024-02-06** Introduced in House `introduction`
- **2024-02-06** To Political Subdivisions then Finance `referral-committee`
- **2024-02-06** To House Political Subdivisions `referral-committee`
- **2024-02-21** With amendment, do pass, but first to Finance `committee-passage`
- **2024-02-21** To House Finance `referral-committee`
- **2024-02-23** With amendment, do pass `committee-passage`
- **2024-02-24** On 1st reading, Special Calendar
- **2024-02-26** Read 1st time `reading-1`
- **2024-02-27** On 2nd reading, Special Calendar
- **2024-02-27** Read 2nd time `reading-2`
- **2024-02-27** Amendment reported by the Clerk
- **2024-02-27** Committee amendment adopted (Voice vote)
- **2024-02-28** On 3rd reading, Special Calendar
- **2024-02-28** Placed on House Calendar
- **2024-02-28** On 3rd reading, House Calendar
- **2024-03-01** From House Calendar, 3rd reading, placed on Special Calendar
- **2024-03-01** Read 3rd time `reading-3`
- **2024-03-01** Passed House (Roll No. 426) `passage`
- **2024-03-01** Title amendment adopted (Voice vote)
- **2024-03-01** Effective from passage (Roll No. 427)
- **2024-03-01** Communicated to Senate
- **2024-03-04** House Message received
- **2024-03-04** Senate concurred in House amendments and passed bill (Roll No. 347)
- **2024-03-04** Effective from passage (Roll No. 347)
- **2024-03-04** Communicated to House
- **2024-03-04** Completed legislative action
- **2024-03-05** House received Senate message
- **2024-03-06** To Governor 3/6/2024 `executive-receipt`
- **2024-03-07** To Governor 3/6/2024 - House Journal `executive-receipt`
- **2024-03-27** Approved by Governor 3/27/24 `executive-signature`
- **2024-03-09** Approved by Governor 3/27/24 - Senate Journal `executive-signature`
- **2024-03-09** Approved by Governor 3/27/24 - House Journal `executive-signature`
- **2024-04-23** Chapter 226, Acts, Regular Session, 2024 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/83f20f6d-e2e7-44d3-beea-ff345cae2a31`. Confidence: reported (aggregated from official West Virginia legislature records).