Senate Bill No. 285
(By Senators Ross, Anderson, Minard, Snyder, Unger and
Minear)
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[Introduced March 2, 2001; referred to the Select
Committee on Economic Development; and then to the
Committee on the Judiciary.]
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A BILL to amend and reenact section four, article ten,
chapter sixty-four of the code of West Virginia, one
thousand nine hundred thirty-one, as amended, relating
to authorizing the economic development authority to
promulgate a legislative rule relating to the general administration of the West Virginia capital company act
and establishment of the application procedures to
implement the act.
Be it enacted by the Legislature of West Virginia:
That section four, article ten, chapter sixty-four of
the code of West Virginia, one thousand nine hundred
thirty-one, as amended, be amended and reenacted to
read as follows:
ARTICLE 10. AUTHORIZATION FOR BUREAU OF COMMERCE TO
PROMULGATE
LEGISLATIVE RULES.
§64-10-4. Economic development authority.
The legislative rule filed in the state register on the
twentieth thirty-first day of July, one thousand nine
hundred ninety-eight August, two thousand, under the
authority of section five, article one, chapter five-e
of this code, modified by the economic development
authority to meet the objections of the legislative
rule-making review committee and refiled in the state
register on the fifth day of November, one thousand
nine hundred ninety-eight, relating to the economic
development authority (general administration of the
West Virginia capital company act; establishment of the application procedures to implement the act, 117 CSR
1), is authorized.
NOTE: The purpose of this bill is to authorize the
Economic Development Authority to promulgate a
legislative rule relating to the General Administration
of the West Virginia Capital Company Act and
Establishment of the Application Procedures to
Implement the Act.
Strike-throughs indicate language that would be
stricken from the present law, and underscoring
indicates new language that would be added.