Senate Bill No. 472
(By Senators Kessler and Minard)
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[Introduced February 4, 2010; referred to the Committee on
Government Organization; and then to the Committee on Finance.]
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A BILL to amend and reenact §8-29-16 of the Code of West Virginia,
1931, as amended, relating to replacing the requirement that
annual reports concerning contributions to regional airport
authorities made by counties, municipalities and other persons
be published in newspapers with the requirement that those
reports be posted on the internet and otherwise made available
for inspection and copying; and transferring the auditing
authority of the Tax Commissioner to the State Auditor's
Office.
Be it enacted by the Legislature of West Virginia:
That §8-29-16 of the Code of West Virginia, 1931, as amended,
be amended and reenacted to read as follows:
ARTICLE 29. INTERGOVERNMENTAL RELATIONS -- REGIONAL AIRPORTS.
§8-29-16. Contributions to authorities; funds and accounts of
authorities.
Contributions of moneys may be made to authorities from time
to time by the participating municipalities and counties, and
persons that shall desire to do so. All such moneys and all other
moneys received by an authority shall be deposited in such banking
institution or banking institutions as the authority may direct and
shall be withdrawn therefrom in such manner as the authority may
direct. Each authority shall keep strict account of all of its
receipts and expenditures and shall each quarter make a quarterly
report thereon to the municipalities and counties which have made
contributions of moneys or property, and such report shall contain
an itemized account of its receipts and disbursements during the
preceding quarter. Such report shall be made within sixty days
after the termination of the quarter. Within sixty days after the
end of each fiscal year, each authority shall make an annual report
containing a summary of its receipts and disbursements for the
preceding fiscal year, and publish the
same as a Class II-0 legal
advertisement in compliance with the provisions of article three,
chapter fifty- nine of this code, and the publication area for such
publication shall be the municipalities and counties, as provided
in section one of this article report on the Internet and otherwise
make the report available for inspection and copying pursuant to
article one, chapter twenty-nine-b of this code. The books,
records and accounts of each authority shall be subject to audit
and examination by the office of
the State Tax Commissioner chief
inspector of the State Auditor's Office and by any other proper public official or body in the manner provided by law.
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(NOTE: The purpose of this bill is to replace the requirement
that annual reports concerning contributions by counties,
municipalities and other persons to regional airport authorities be
published in newspapers with the requirement that those reports be
posted on the Internet and otherwise made available for inspection
and copying. The bill also transfers the auditing authority of the
Tax Commissioner to the State Auditor's Office.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.)
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