SB455 HED AMT 3-6

            The Committee on Education moves to amend the title of the bill to read as follows: 

            Eng. Com. Sub. for Com. Sub. for S. B. 455 — “A Bill to amend and reenact §12-3A-6 of the Code of West Virginia, 1931, as amended; to amend and reenact §18B-1F-4 of said code; to amend and reenact §18B-5-4, §18B-5-6 and §18B-5-7 of said code; and to amend said code by adding thereto a new section, designated §18B-5-4a, all relating to public higher education procurement and payment generally; modifying receipting of certain electronic commerce purchases; increasing monetary threshold for certain required bids and surety; modifying notification period for certain required bids; exempting purchases by certain higher education institutions from requirement to be encumbered; providing certain exemptions from certain design-build procurement requirements; increasing time period for certain required audits; authorizing higher education policy commission to issue certain revenue bonds; and modifying requirements for disposition of certain items and the reporting requirements therefor.”