SB427 HFIN AMT 3-10 AC
The Committee on Finance moved to amend the title of the bill
to read as follows:
Eng. Com. Sub. for Com. Sub. for S. B. 427 - "A BILL to amend
and reenact §17-16A-3, §17-16A-5, §17-16A-6, §17-16A-10, §17-16A-
11, §17-16A-13a, §17-16A-19, §17-16A-26 and §17-16A-29 of the Code
of West Virginia, 1931, as amended, all relating to the West
Virginia Parkways, Economic Development and Tourism Authority;
renaming the West Virginia Parkways, Economic Development and
Tourism Authority; reorganizing the membership of the authority;
redefining terms; authorizing issuance of revenue bonds for parkway
projects; prohibiting the authority from constructing new tourism
projects or new economic development projects; clarifying certain
powers of the authority relating to parkway projects, tourism
projects and economic development projects; clarifying certain
powers of the Department of Transportation with respect to parkway
projects; clarifying the power of the authority to reimburse the
Department of Transportation for costs associated with parkway
projects; clarifying certain powers of the authority with respect
to real and personal property; clarifying the powers of the
authority to fix and revise tolls for transit over certain parkway
projects; requiring notice and public hearings prior to fixing
initial rates or tolls on parkway projects; requiring county
commission approval where a parkway project is located after
recommendation by the local committee; requiring Governor to establish a local committee; requiring an annual legislative audit
of the Parkways Authority; requiring the Parkways Authority to
provide certain information; requiring a discount program for
purchasers of EZ Pass transponders prior to fixing initial rates or
tolls on parkway projects; requiring the Parkways Authority to
hold informational sessions concerning the discount program for
purchasers of EZ Pass transponders; requiring EZ Pass transponders
to be available without the payment of a security deposit; and
requiring refunds of paid security deposits through credits on
statements."