Senate Bill No. 396

(By Senators Ross, Anderson, Minard,

Snyder, Boley and Minear)

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[Introduced January 25, 2002; referred to the

Committee on Finance; and then to

the Committee on the Judiciary.]

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A BILL to amend article eight, 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 four, relating to authorizing the state rail authority to promulgate a legislative rule relating to the valuation of used rolling stock and equipment.

Be it enacted by the Legislature of West Virginia:
That article eight, 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 four, to read as follows:
ARTICLE 8. AUTHORIZATION FOR DEPARTMENT OF TRANSPORTATION TO PROMULGATE LEGISLATIVE RULES.

§64-8-4. State rail authority.
The legislative rule filed in the state register on the twenty-fifth day of July, two thousand one, under the authority of section six, article eighteen, chapter twenty-nine, of this code, modified by the state rail authority to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-fifth day of October, two thousand one, relating to the state rail authority (valuation of used rolling stock and equipment, 172 CSR 2), is authorized.

NOTE: The purpose of this bill is to authorize the State Rail Authority to promulgate a legislative rule relating to the Valuation of Used Rolling Stock and Equipment.

This section is new; therefore, strike-throughs and underscoring have been omitted.