Another attempt by Kessler to shore up the state's financial future also failed this session.
Kessler has tried for the last two sessions to create a natural gas trust fund.
This year's bill would have set a baseline of natural gas excess tax revenue, and then funneled 25 percent of any money over that baseline into a trust fund. Eventually, with enough money in the account, Kessler said West Virginia would begin to accumulate huge amounts of investment earnings on that cash.
The bill passed the Senate Economic Development Committee but remains in the Senate Finance Committee. Since it did not leave the Senate before March 31's "crossover day," it will not pass this session.
Kessler said he asked Senate Finance Chairman Roman Prezioso, D-Marion, not to push the trust fund bill because of budget constraints this year. Gov. Earl Ray Tomblin's proposed $4.46 billion budget includes $75.5 million in cuts for state agencies.
"This year, with budget cuts, it's hard to talk about saving," Kessler said.
He's not giving up on the idea, however.
"Eventually, the time will come to do something like that," he said.