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Introduced Version House Bill 2535 History

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Key: Green = existing Code. Red = new code to be enacted
H. B. 2535

(By Delegates Hunt, Linch, Compton, Faircloth,

Jenkins and Riggs)


[Introduced February 1, 1999; referred to the Committee

on the Judiciary.]




A BILL to amend article ten, 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 five, 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 article ten, 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 five, to read as follows:
ARTICLE 10. AUTHORIZATION FOR BUREAU OF COMMERCE TO PROMULGATE LEGISLATIVE RULES.


§64-10-5. Economic development authority.
The legislative rule filed in the state register on the twentieth day of July, one thousand nine hundred ninety-eight, 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 day of November, one thousand nine hundred ninety-eight, 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 and Establishment of the Application Procedures to Implement the Act.

This section is new; therefore, strike-throughs and underscoring have been omitted.
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