West Virginia public colleges with women’s sports may invest money in permanent funds and use only the earnings to support women’s Olympic sports programs.
West Virginia public colleges with women’s sports may set up permanent invested funds for women’s Olympic sports. Only investment earnings can pay program expenses; the original money stays untouched.
Colleges may add matching money if lawmakers fund it, within annual caps. Savings cannot come from cuts to academic programs, faculty jobs, or essential student services, or undermine federal sex-discrimination protections.
Participating colleges must report each year on savings, funding, spending, and compliance with federal sex-discrimination protections. The invested funds must also undergo periodic independent audits.
Public colleges may establish permanent invested funds for women’s Olympic sports. Eligible colleges are public colleges in West Virginia with women’s sports. The West Virginia Higher Education Policy Commission may also establish or designate a statewide fund for them. The original invested money must remain untouched, and investments must follow state standards. Earnings may pay only for expenses directly tied to women’s college Olympic sports, such as scholarships, staff, and facilities. These provisions took effect July 1, 2026.
Eligible colleges may put matching money into women’s athletics funds based on certified cost savings. The West Virginia Higher Education Policy Commission may certify savings from more efficient operations at West Virginia public colleges with women’s sports. Matching money depends on lawmakers setting aside funds and is limited by annual caps they establish. Savings cannot come from cuts to academic programs, faculty jobs, or essential student services, or actions that undermine Title IX, the federal law against sex discrimination in education. These provisions took effect July 1, 2026. The commission may certify savings at the close of a fiscal year.
Participating colleges must report annually, and the invested funds must undergo periodic independent audits. Colleges report to the West Virginia Higher Education Policy Commission. The commission must send a combined annual report to the Legislature’s Joint Committee on Government and Finance. College reports must cover savings, matching money, private donations, spending, and compliance with Title IX, the federal law against sex discrimination in education. These duties took effect July 1, 2026.
No hearings or votes scheduled.