WEST virginia legislature

2025 regular session

ENROLLED

Committee Substitute

for

House Bill 3440

By Delegate Riley

[Passed April 11, 2025; in effect 90 days from passage (July 10, 2025)]

AN ACT to repeal §12-1A-1, §12-1A-2, §12-1A-3, §12-1A-4, §12-1A-5, §12-1A-6, §12-1A-7, §12-1A-8 and §12-1A-9 of the Code of West Virginia, 1931, as amended, relating to repealing obsolete provisions establishing the West Virginia Small Business Linked Deposit Program.

Be it enacted by the Legislature of West Virginia:

ARTICLE 1A. WEST VIRGINIA SMALL BUSINESS LINKED DEPOSIT PROGRAM.

§12-1A-1. Definitions.

[Repealed.]

§12-1A-2. Legislative findings.

[Repealed.]

§12-1A-3. Limitations on investment in linked deposits.

[Repealed.]

§12-1A-4. Applications for loan priority; loan package; counseling.

[Repealed.]

§12-1A-5. Acceptance or rejection of loan package; deposit agreement for linked deposits.

[Repealed.]

§12-1A-6. Certification and monitoring of compliance; accountability and reporting.

[Repealed.]

§12-1A-7. Liability of state.

[Repealed.]

§12-1A-8. Penalties for violation of article.

[Repealed.]

§12-1A-9. Effective dates.

[Repealed.]

The Clerk of the House of Delegates and the Clerk of the Senate hereby certify that the foregoing bill is correctly enrolled.

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Clerk of the House of Delegates

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Clerk of the Senate

Originated in the House of Delegates.

In effect 90 days from passage.

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Speaker of the House of Delegates

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President of the Senate

__________

The within is ................................................ this the...........................................

Day of ..........................................................................................................., 2025.

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Governor