Relating to the timing of payments of annually required deposit into an eligible recipient’s Hope Scholarship account

HB 5686 changes the timing for annual deposits into West Virginia's Hope Scholarship accounts. Starting July 1, 2026, the total annual deposit must be paid in four equal installments: by August 15, October 15, January 15, and April 15 each year. This replaces the previous single annual payment requirement under §18-31-6(d). The bill directly affects Hope Scholarship recipients who receive these annual deposits. The change aims to provide more consistent funding throughout the year.