Senate Bill No. 354

(By Senators Ross, Anderson, Bowman, Macnaughtan ,

Boley and Buckalew)

__________

[Introduced January 30, 1998; referred to the

Committee on Finance;

and then to the Committee on the Judiciary.]

__________









A BILL to amend article nine, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section twenty, relating to authorizing the treasurer to promulgate a legislative rule relating to the reporting of debt capacity.

Be it enacted by the Legislature of West Virginia:

That article nine, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section twenty, to read as follows:
ARTICLE 9. AUTHORIZATION FOR MISCELLANEOUS AGENCIES AND BOARDS TO PROMULGATE LEGISLATIVE RULES.

§64-9-20. Treasurer.
The legislative rule filed in the state register on the third day of July, one thousand nine hundred ninety-seven, under the authority of section four, article six-b, chapter twelve, of this code, modified by the treasurer to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-fifth day of September, one thousand nine hundred ninety-seven, relating to the treasurer (reporting of debt capacity, 112 CSR 9), is authorized.

NOTE: The purpose of this bill is to authorize the Treasurer to promulgate a legislative rule relating to the Reporting of Debt Capacity.
This section is new; therefore, strike-throughs and underscoring have been omitted.