H. B. 2516


(By Mr. Speaker, Mr. Chambers and Delegates Preece,

Kominar, Whitman, Michael, Prezioso and Proudfoot)

[Introduced February 16, 1995; referred to the

Committee on Education then Finance.]




A BILL to amend and reenact section four, article nine-c, chapter eighteen of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to establishment of state school building fund; contents and use of fund; requiring demolition of abandoned school buildings.

Be it enacted by the Legislature of West Virginia:
That section four, article nine-c, chapter eighteen of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted to read as follows:

ARTICLE 9C. STATE AID FOR CONSTRUCTION, RENOVATION AND
REMODELING OF SCHOOL BUILDINGS AND EQUIPPING OF THE SAME.

§18-9C-4. Establishment of state school building fund; contents and use of fund.

There is hereby established a state school building fund into which there shall be paid all the moneys derived from the sale of the bonds authorized by the "better school buildings amendment." The proceeds of the fund shall be distributed by the state board to such county boards of education as qualify therefor by meeting such the conditions, qualifications and requirements as are prescribed in this article. The proceeds of the fund shall be used by the county boards of education solely for the construction, renovation, or remodeling, or demolition of elementary or secondary public school buildings or facilities, the equipping of the same buildings or facilities in connection with any such construction, renovation or remodeling and the acquisition and preparation of sites for elementary or secondary public school buildings or facilities.
Any abandoned elementary or secondary public school building shall be demolished by the county board of education of the county in which the building is located. The cost of the demolition may be paid with the funds as provided by this section.
Except for such sums necessary for current operating balances, the proceeds of the funds shall be invested and reinvested in short-term obligations of the United States treasury. However, no such the investment or reinvestment shall may not adversely affect the current operating balances of such the fund. Any sums accruing as a result of such investment shall be allocated to the counties on a per pupil basis without regard to any incentive provision as provided in section six of this article.

NOTE: The purpose of this bill is to require that abandoned school buildings be demolished.

Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.