HOUSE RESOLUTION 25


(By Delegates Angotti, Azinger, Beane, Cann, Carmichael, Craig, Faircloth, Flanigan, Harrison, Hatfield, Paxton, Perdue, Pethel, Pino, J. Smith, Spencer, R. M. Thompson, Webster, Walters, Webb, G. White and H. White )

(Originating in the Committee on Banking and Insurance)

[February 25, 2002]


Directing the Joint Committee on Government Finance to conduct a study of the effects of identity theft and the effects of proposed federal regulations relating to antiterrorist measures on the citizens and financial institutions of West Virginia.

Whereas, there is a growing rate of crimes involving identity theft; and,
Whereas, the citizens of West Virginia have been harmed or may be harmed by crimes involving identity theft; and,
WHEREAS, the technology used in crimes involving identity theft is often used in crimes involving money laundering and terrorism; and,
Whereas, the federal government is proposing regulations to address money laundering and antiterrorist measures; and,
Whereas, the Legislature finds that the public would benefit from a study of the effects of these issues and the regulation thereof on the citizens and financial institutions of West Virginia; therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is hereby directed to conduct a study of the effects of identity theft and proposed federal regulations relating to anti-terrorism measures on the citizens and financial institutions of West Virginia; and, be it
Further Resolved, That the Joint Committee on Government and Finance report its findings and recommendations resulting from the study to the regular session of Legislature, 2003, together with drafts of any proposed legislation necessary to effectuate such recommendations; and, be it
Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.