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Introduced Version House Bill 4556 History

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Key: Green = existing Code. Red = new code to be enacted
H. B. 4556


(By Delegates Shott, Sumner, Fragale,

Hall, Phillips, Porter and Moore)


[Introduced February 18, 2010 ; referred to the

Committee on Government Organization then the Judiciary.]




A BILL to amend and reenact §17-16A-26 of the Code of West Virginia, 1931, as amended, relating to an annual legislative audit of the Parkways Authority; and requiring the Parkways Authority to provide certain information.

Be it enacted by the Legislature of West Virginia:

That §17-16A-26 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:

ARTICLE 16A. WEST VIRGINIA PARKWAYS, ECONOMIC DEVELOPMENT AND TOURISM AUTHORITY.

§17-16A-26. Annual report; audit.
(a) Each year, the Parkways Authority shall prepare on an annual basis and provide to each member of the West Virginia Legislature who so requests an annual report detailing the financial condition and operations of the Parkways Authority. The Parkways Authority shall provide to the Joint Committee on Government and Finance any financial statements as may be that are required under any trust agreement to which the Parkways Authority is a party.
(b) Each year, the Parkways Authority shall file with the Legislative Auditor's office a full and complete accounting of its activities, including the collection of all revenues, expenditures, liabilities, assets, bonds and disbursement of funds, including funding for economic development projects. The Legislative Auditor shall conduct an annual audit of the information provided by the Parkways Authority and the audit report of the Legislative Auditor shall be provided to each member of the Legislature requesting a copy.


NOTE: The purpose of this bill is to require the Parkways Authority to provide a full financial accounting on an annual basis to the Legislative Auditor. The Legislative Auditor is required to audit the information provided and make copies available to the members of the Legislature.

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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