
ENROLLED















COMMITTEE SUBSTITUTE
FOR
H. B. 4219
(By Delegates Mahan, Wills, Cann, Kominar,
Faircloth and Riggs)
[Passed March 9, 2002; in effect from passage.]
AN ACT
to amend and reenact article ten, chapter sixty-four of the
code of West Virginia, one thousand nine hundred thirty-one,
as amended, relating generally to the promulgation of
administrative rules by the various executive or
administrative agencies and the procedures relating thereto;
legislative mandate or authorization for the promulgation of
certain legislative rules by various executive or
administrative agencies of the state; authorizing certain of
the agencies to promulgate certain legislative rules in the
form that the rules were filed in the state register;
authorizing certain of the agencies to promulgate certain
legislative rules with various modifications presented to and
recommended by the legislative rule-making review committee;
authorizing certain of the agencies to promulgate certain
legislative rules as amended by the Legislature; authorizing
certain of the agencies to promulgate certain legislative rules with various modifications presented to and recommended
by the legislative rule-making review committee and as amended
by the Legislature; authorizing development office to
promulgate legislative rules relating to workforce development
initiative; authorizing economic development authority to
promulgate legislative rule relating to general administration
of West Virginia capital company act; establishment of
application procedures to implement act; authorizing economic
development authority to promulgate legislative rule relating
to general administration of West Virginia venture capital
act; authorizing division of labor to promulgate legislative
rule relating to steam boiler inspection; authorizing
manufactured housing construction and safety standards board
to promulgate legislative rule relating to board; authorizing
division of natural resources to promulgate legislative rule
relating to commercial whitewater outfitters; authorizing
division of natural resources to promulgate legislative rule
relating to small arms hunting; authorizing division of
natural resources to promulgate legislative rule relating to
special boating; authorizing division of natural resources to
promulgate legislative rule relating to public use of West
Virginia state parks, state forests and state wildlife
management areas under division; authorizing division of
natural resources to promulgate legislative rule relating to wild boar hunting; authorizing division of natural resources
to promulgate legislative rule relating to general trapping;
and authorizing division of natural resources to promulgate
legislative rule relating to issuance of hunting, trapping and
fishing licenses by telephone and other electronic methods.
Be it enacted by the Legislature of West Virginia:
That
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 THE BUREAU OF COMMERCE TO PROMULGATE
LEGISLATIVE RULES.
§64-10-1. Development office.
The legislative rule filed in the state register on the tenth
day of July, two thousand one, under the authority of section five,
article three-d, chapter eighteen-b of this code, relating to the
development office (workforce development initiative program), is
authorized with the following amendment:
On page four, subdivision 8.1.4 after the word "modernization"
by striking out the word "of" and inserting in lieu thereof the
word "and".
§64-10-2. Economic development authority.
(a) The legislative rule filed in the state register on the
twenty-fourth day July, two thousand one, 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 twenty-ninth day of November, two thousand one,
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.
(b) The legislative rule filed in the state register on the
twenty-fourth day of July, two thousand one, authorized under the
authority of section three, article two, 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 twenty-ninth day of November,
two thousand one, relating to the economic development authority
(general administration of the West Virginia venture capital act,
117 CSR 3), is authorized with the following amendments:
On pages one and two of the rule, Section 2. Definitions, by
inserting four new definitions as designated below and renumbering
the existing definitions in section two accordingly:
"2.8. 'Federal Program Participant' means (a) An SBIC; (b) a
New Markets Venture Capital Company; or (c) an Entity which is not
an SBIC or a New Markets Venture Capital Company but which is
designated by the Authority as a Federal Program Participant due to
the Entity's participation in a venture capital program administered by the United States Small Business Administration or
other federal agency";
"2.17. 'New Markets Venture Capital Company' means an Entity
which has been designated by the United States Small Business
Administration as a New Markets Venture Capital Company pursuant to
13 C.F.R. §108 et seq.";
"2.19. 'Participation Agreement' means a written agreement
executed by a Fund Manager and the applicable Fund or Governing
Entity, as the case may require, setting forth the terms and
conditions of the Fund Manager's service to the Fund or Fund Share.
In instances where the Fund or Fund Share purchases an ownership
interest in its Fund Manager, 'participation agreement' may, as
applicable, include the limited partnership agreement, limited
liability company operating agreement or other applicable written
agreement entered into by the Fund and other owners of the Fund
Manager."; and
"2.22. 'SBIC' or 'Small Business Investment Company' means
only an Entity which is licensed by the United States Small
Business Administration as a Small Business Investment Company
under the Small Business Investment Act of 1958, 15 U.S.C. §661 et
seq., as amended.";
On page 2, section 4.1 by following the words "or Entity"
inserting a comma and the following: "including, without
limitation, a Federal Program Participant,"
On page 4, section 4.4, in the third sentence, following the
words "between the applicant and the" by inserting the words "Fund
or";
On page 11, section 7.1 by following the words "Fund Manager
is assigned" by inserting the words "or which it receives";
On page 11, by striking all of sections 7.1.a., 7.1.b., and
7.1.c..;
On page 11, section 7.2. By following the words "and the
applicable" by inserting the words "Fund or";
On page 11, section 7.3. By following the words "and the
applicable" by inserting the words "Fund or";
On page 11, section 7.4 before the words "Investment
Restrictions." by designating the paragraph number "7.4.1.";
On page 11, section 7.4.1 by following the words "of
the applicable" by inserting the words "Fund or";
On page 11, following section 7.4.1, inserting a new section
7.4.2. to read as follows:
"Unless the prior written consent of the applicable Fund or
Governing Entity is obtained, a Fund Manager may not invest any
portion of or contribution from a Fund or Fund Share in any West
Virginia Business where there is a direct or indirect economic
relationship, in the form of ownership, compensation or otherwise,
between the West Virginia Business, including the relatives,
affiliates and members of the Managing Body of the West Virginia Business, and an investor in the Fund or Fund Share, including
relatives, affiliates and members of the Managing Body of the
investor."
On page 11, following section 7.5, by inserting two new
sections, sections 7.6 and 7.7 to read as follows:
"7.6 Purchase of Ownership Interest in a Fund Manager.
7.6.1. Structure.- At the discretion of the Authority or
applicable Governing Entity, a Fund or Fund Share may invest its
assets by purchasing an ownership interest in a Federal Program
Participant or other Entity serving as the Fund Manager. Such
purchase of an ownership interest in the Fund Manager may be by
original issue from the Fund Manager or purchased on the secondary
market from an owner of the Fund Manager.
7.6.2. Pooling of Assets. - The assets of the Fund or Fund
Share used to purchase an ownership interest in its Fund Manager
may be pooled with that of other private or public investors
holding ownership interests in the Fund Manager so that the assets
of the Fund or Fund Share contributed to the Fund Manager may
become indistinguishable from those of the other owners of the Fund
Manager.
7.6.3. Investments. - In situations where the Fund or Fund
Share purchases an ownership interest in its Fund Manager, the Fund
Manager may invest its assets, including those of the Fund or Fund
Share, in businesses located in various states: Provided, That the Fund Manager must invest an amount equal to or exceeding the amount
contributed by the Fund or Fund Share, net of reasonable management
fees and operational expenses allocable to the Fund under the
applicable Participation Agreement, in the form of debt or equity
investments in West Virginia Businesses in accordance with this
section.
7.6.4. Investment Guidelines. - In the Participation Agreement
or other agreement executed by the applicable Fund or Governing
Entity and the Fund Manager, the Fund or Governing Entity and the
Fund Manager shall contractually agree on the investment guidelines
to be followed by the Fund Manager when investing in West Virginia
Businesses.
7.7. Where the Fund or Fund Share Does Not Purchase an
Ownership Interest In Its Fund Manager. - In situations where the
Fund or Fund Share does not purchase an ownership interest in its
Fund Manager:
7.7.1. Unless the prior written consent of the Governing
Entity is obtained, the Fund Manager shall not obtain ownership of
assets of the Fund or the Fund Share. Rather, the Fund Manager, at
least fifteen (15) days before the closing of an investment in a
West Virginia Business, shall advise the applicable Governing
Entity in writing of the funds to be invested to allow the
applicable Governing Entity to make the funds available for
investment by the Fund Manager at closing;
7.7.2. Unless the prior written consent of the Governing
Entity is obtained, the Fund Manager shall make, and at all times
maintain, all investments on the name of the applicable Fund; and
7.7.3. The Fund Manager shall have discretion as to the
selection of West Virginia Businesses for investment and the terms
upon which such investments are made; however, the applicable Fund
or Governing Entity may at all times revoke or restrict such
discretion of the Fund Manager and submit investment guidelines to
be followed by the Fund Manager."
On page 12, section 8.2, lines fourteen and fifteen, following
the words "Governing Entity and the investor" by striking out the
remainder of the sentence, and inserting a period and the following
sentence:
"Upon such repurchase of the investor's ownership interest,
the investor shall receive, in the discretion of the applicable
Governing Entity, cash and/or a distribution in kind of assets of
the Fund or Fund Share which collectively equals the value agreed
to by the Governing Entity and the investor."
And,
On page 12, section 9.2.a., by striking out "2.20" and
inserting in lieu thereof "2.25".
§64-10-3. Division of labor.
The legislative rule filed in the state register on the fourth
day of September, two thousand one, authorized under the authority of section seven, article three, chapter twenty-one of this code,
modified by the division of labor to meet the objections of the
legislative rule-making review committee and refiled in the state
register on the twentieth day of December, two thousand one,
relating to the division of Labor (steam boiler inspection, 42 CSR
3), is authorized.
§64-10-4.Manufactured housing construction and safety standards
board.
The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section four, article nine, chapter twenty-one of this
code, modified by the manufactured housing construction and safety
standards board to meet the objections of the legislative rule-
making review committee and refiled in the state register on the
twentieth day of December, two thousand one, relating to the
manufactured housing construction and safety standards board (West
Virginia manufactured housing construction and safety standards
board, 42 CSR 19), is authorized.
§64-10-5. Division of natural resources.
(a) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section twenty-three-a, article two, chapter twenty of
this code, modified by the division of natural resources to meet
the objections of the legislative rule-making review committee and refiled in the state register on the twenty-second day of August,
two thousand one, relating to the division of natural resources
(commercial whitewater outfitters, 58 CSR 12), is authorized with
the following amendment:
On page eight, section 4.9.3, following the words "supplement
the guide", by striking out the word "trainee" and inserting in
lieu thereof the words "Trip Leader".;
On page eight, following section 4.9.3, by inserting a new
section, numbered 4.9.4 and the words "The licensee is responsible
for keeping on file the original or a certified copy of the
completed whitewater guide Trip Leader information sheet. These
records shall be maintained by the licensee for two (2) years
following the last date of employment. The licensee shall provide
the guide Trip Leader with a certified copy of the guide Trip
Leader information sheet and shall forward a copy to the Division
of Natural Resources, Law Enforcement Section, Capitol Complex,
Building 3, Charleston, West Virginia 25305 upon request.";
On page thirteen, section 9.12.2, following the words "No
duckie expeditions", by striking out the words "or kayak
instruction";
And,
On page fourteen, by striking the provisions of section
9.12.4.b, in its entirety, and inserting in lieu thereof:
"From the confluence of Manns Creek to Teays Landing there shall be a minimum of one (1) trip guide in each watercraft except on a
kayak clinic where the instructor and guests are in kayaks. Kayak
clinics may be held by a commercial whitewater outfitter. Daily
use is restricted to nine students per day per license and must
have a ratio of one (1) trip guide per three (3)students. Kayak
clinics are not permitted in this section of the New River on
Saturdays between Memorial Day and Labor Day. There shall be a
minimum of two (2) trip guides per trip on all other trips.
Inflatable kayak expeditions or trips are not permitted in this
section of the New River."
(b) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section seven, article one, chapter twenty of this
code, modified by the division of natural resources to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the twenty-second day of August,
two thousand one, relating to the division of natural resources
(small arms hunting, 58 CSR 14), is authorized.
(c) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section twenty-two, article seven, chapter twenty of
this code, modified by the division of natural resources to meet
the objections of the legislative rule-making review committee and
refiled in the state register on the twenty-second day of August, two thousand one, relating to the division of natural resources
(special boating, 58 CSR 26), is authorized.
(d) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section two, article five, chapter twenty of this
code, modified by the division of natural resources to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the fourteenth day of August, two
thousand one, relating to the division of natural resources (public
use of West Virginia state parks, state forests and state wildlife
management areas under the division of natural resources, 58 CSR
31), is authorized with the amendments set forth below:
On page 3, subsection 2.21, after the words 'boundaries of' by
inserting the words 'the following';
On page 3, subsection 2.1 by striking out the comma and the
words 'which include';
On page 3, subsection 2.1 after the word 'Audra' by inserting
a comma and the words 'except in reserved picnic shelters';
On page 3, subsection 2.21 by striking out the words
'Tomlinson Run except in reserved picnic shelters, in all boat
launch ramp parking areas, and all camping areas within the
boundary of Bluestone State Park; all camping areas within the
boundary of Beech Fork State Park; and in all of Hawks Nest State
Park except the lodge and Hawks Nest golf course which is operated as part of Hawks Nest State Park' and inserting in lieu thereof the
following
'Tomlinson Run, except in reserved picnic shelters,
Bluestone State Park, in all boat launch ramp parking areas
and all camping areas within its boundaries,
Beech Fork State Park, in all camping areas within its
boundaries, and
Hawks Nest State Park, except the lodge and Hawks Nest golf
course which is operated as part of Hawks Nest State Park;'"
(e) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section seven, article one, chapter twenty of this
code, modified by the division of natural resources to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the twenty-second day of August,
two thousand one, relating to the division of natural resources
(wild boar hunting, 58 CSR 52), is authorized.
(f) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section seven, article one, chapter twenty of this
code, modified by the division of natural resources to meet the
objections of the legislative rule-making review committee and
refiled in the state register on the twenty-second day of August,
two thousand one, relating to the division of natural resources (general trapping, 58 CSR 53), is authorized.
(g) The legislative rule filed in the state register on the
twenty-seventh day of July, two thousand one, authorized under the
authority of section thirty-three, article two, chapter twenty of
this code, modified by the division of natural resources to meet
the objections of the legislative rule-making review committee and
refiled in the state register on the twenty-second day of August,
two thousand one, relating to the division of natural resources
(issuance of hunting, trapping and fishing licenses by telephone
and other electronic methods, 58 CSR 68), is authorized.