HB2508 HFIN AMT 3-19McO
H. B. 2508 -- "A Bill to amend and reenact §7-22-7 of the Code
of West Virginia, 1931, as amended; and to amend and reenact
§8-38-7 of said code, all relating to the amount of capital
investment required as a prerequisite to approval of an economic
opportunity development district project; increasing the capital
investment threshold amount from more than $25 million to more than
$75 million for development expenditures proposed to be made in
county economic opportunity development districts and in municipal
economic opportunity development districts in the first twenty-four
months following their creation; and increasing the capital
investment threshold amount from more than $25 million to more than
$75 million for development expenditures in a project involving
remediation to be made in county economic opportunity development
districts and in municipal economic opportunity development
districts in the first forty-eight months following their
creation."