WVC 31 - 16 - 1
§31-16-1. Legislative intent; purpose and administration.
The Legislature recognizes that the steel industry plays a
significant role in West Virginia's economy, and the industry's
survival and success is of significant importance to the residents
and the tax base of the state. Because of this significant
economic role, there is hereby created in the bureau of commerce a
steel advisory commission and a new program entitled "The Steel
Futures Program". The purpose of the commission and the program is
to preserve and improve the economy of the state by promoting
employment and increased productivity, thereby ensuring continued
economic development consistent with these goals, and to maintain
a high standard of living for the residents of the state. The
commission, through the steel futures program, may supplement any
other enterprise assistance program administered by the West
Virginia development office. The steel futures program shall be
administered so as to provide financial and technical assistance as
provided in this article to increase the competitiveness of
existing steel and steel-related industries within the state and to
encourage the establishment and development of new steel and
steel-related industries within the state.
Note: WV Code updated with legislation passed through the 2013 1st Special Session
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