Senate Bill No. 350
(By Senators Ross, Minard,
Snyder, Unger, Boley and Minear)
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[Introduced January 30, 2004; referred to the
Committee on /;
and then to the Committee on the Judiciary.]
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A BILL to amend and reenact article 10, chapter 64 of the code of
West Virginia, 1931, as amended, relating to authorizing the
economic development authority to promulgate a legislative
rule relating to the general administration of the West
Virginia venture capital act.
Be it enacted by the Legislature of West Virginia:
That article 10, chapter 64 of the code of West Virginia,
1931, as amended, be amended and reenacted to read as follows:
ARTICLE 10. AUTHORIZATION FOR BUREAU OF COMMERCE TO PROMULGATE
LEGISLATIVE RULES.
§64-10-1. Economic development authority.
The legislative rule filed in the state register on the first
day of August, two thousand three, 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-second day of December,
two thousand three, relating to the economic development authority
(general administration of the West Virginia venture capital act,
117 CSR 3), 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 Venture Capital
Act.
This section is new; therefore, strike-throughs and
underscoring have been omitted.