The West Virginia Future Fund, or Senate Bill 461, was passed unanimously on third reading today. The West Virginia Future Fund would set aside a percentage of tax revenue from the oil and gas industry until 2020 to allow the fund to generate interest. The fund would be used towards economic development and infrastructure projects as well as education.
Another bill that passed was Senate Bill 252, which would allow certain expelled students to return to school through the Juvenile Drug Court. Senate Bill 603 also passed and relates to testing underground mines for the presence of methane. All bills passed on third reading unanimously and now move to the House for further consideration.
Of the bills on second reading, Senate Bill 535 would clarify the definition of ginseng. During committee reports six bills were read for a first time.
The Senate adopted Senate Resolution 36 to designate today Higher Education Day.
The Senate is adjourned until 11 a.m.