WEST virginia legislature

2025 regular session

Committee Substitute

for

House Bill 3440

By Delegate Riley

[Originating in the Committee on Finance, March 24, 2025]

A BILL 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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]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[Repealed.]