COMMITTEE SUBSTITUTE
FOR
H. B. 211
(By Mr. Speaker, Mr. Kiss, and Delegate Trump)
[By Request of the Executive]
(Originating in the Committee on Finance)
[November 12, 2006]
A BILL
to amend and reenact §5B-2E-11 of the Code of West Virginia,
1931, as amended, relating to extending period in which
applications for tourism development project tax credits may
be received and considered.
Be it enacted by the Legislature of West Virginia:
That §5B-2E-11 of the Code of West Virginia, 1931, as amended,
be amended and reenacted, to read as follows:
ARTICLE 2E. WEST VIRGINIA TOURISM DEVELOPMENT ACT.
§5B-2E-11. Termination.
The development office may not accept any new application
on
or after the
first thirtieth day of
January June, two thousand
seven and all applications submitted prior to the first day of
January July, two thousand seven that have not been previously
approved or not approved, shall be deemed not approved and shall be
null and void as of the first day of
January July, two thousand
seven.
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