Bill-Econ Dev, Capital Co
H. B. 2329
(By Delegates Douglas, Hunt, Compton, Faircloth, Linch
and Riggs)
[Introduced March 3, 1997; referred to the Committee on
Finance then the Judiciary.]
A BILL to amend article nine, chapter sixty-four of the
code of West Virginia, one thousand nine hundred
thirty-one, as amended, by adding thereto a new
section, designated section eight, relating to
authorizing the economic development authority to
promulgate a legislative rule relating to the general
administration of the West Virginia capital company
act: establishment of the application procedures to implement the act.
Be it enacted by the Legislature of West Virginia:
That article nine, chapter sixty-four of the code of
West Virginia, one thousand nine hundred thirty-one, as
amended, be amended by adding thereto a new section,
designated section eight, to read as follows:
ARTICLE 9. AUTHORIZATION FOR MISCELLANEOUS AGENCIES AND
BOARDS TO PROMULGATE LEGISLATIVE RULES.
§64-9-8. Economic development authority.
The legislative rule filed in the state register on
the thirteenth day of February, one thousand nine hundred
ninety-six, under the authority of section five, article
one, chapter five-e, of this code, modified by the economic
development authority to meet the objections of the
legislative rule-making review committee and refiled in the
state register on the thirteenth day of December, one
thousand nine hundred ninety-six, relating to the economic
development authority (general administration of the West
Virginia capital company act: establishment of the
application procedures to implement the act
, 117 CSR 1), is
authorized.
NOTE: The purpose of this bill is to authorize the
Economic Development Authority to promulgate a legislative rule relating to the General Administration of the West
Virginia Capital Company Act: Establishment of the
Application Procedures to Implement the Act
.
This section is new; therefore, strike-throughs and
underscoring have been omitted.