Bill-Econ Dev
Senate Bill No. 271


(By Senators Ross, Anderson, Minard, Snyder, Unger and Minear )

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[Introduced January 28, 2000; referred to the

Committee on Government Organization;

and then to the Committee on the Judiciary.]

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A BILL to amend and reenact section four, article ten, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to authorizing the economic development authority to promulgate a legislative rule relating to the general administration of the West Virginia capital company act; and establishment of the application procedures to implement the act .

Be it enacted by the Legislature of West Virginia:

That section four, article ten, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted, to read as follows:
ARTICLE 10. AUTHORIZATION FOR BUREAU OF COMMERCE TO PROMULGATE LEGISLATIVE RULES.

§64-10-4. Economic development authority.
The legislative rule filed in the state register on the twentieth sixth day of July August, one thousand nine hundred ninety-eight ninety-nine, 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 fifth seventeenth day of November September, one thousand nine hundred ninety-eight ninety-nine, 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 .

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