HB2897 S ECD AMT

Ojeda 7853

The Committee on Economic Development moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Eng. House Bill No. 2897--A Bill to amend the Code of West Virginia, 1931, as amended, by adding thereto two new sections, designated §59-1-2c and §59-1-2d, all relating to fees paid to the Secretary of State; creating Young Entrepreneur Reinvestment Act; waiving certain fees for individuals under thirty who create certain business organizations; expiring the waiver of those fees; requiring the Secretary of State to develop a mechanism for the deposit of the overpayment of certain fees into the Children’s Trust Fund; and requiring that the individual due the refund voluntarily and affirmatively chooses to donate the amount of the overpayment.