ENGROSSED
COMMITTEE SUBSTITUTE
FOR
Senate Bill No. 209
(By Senators Tomblin, Mr. President, Chafin, Sharpe, Minear,
Ross, Unger, McCabe, Rowe, Fanning, Facemyer, Helmick, White,
Plymale, Jenkins, Sprouse and Bowman)
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[Originating in the Committee on Government Organization;
reported January 29, 2004.]
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A BILL to amend the code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §5-6-4a, relating to
requiring review of certain state leases and purchases of real
property by the joint committee on government and finance; and
exceptions.
Be it enacted by the Legislature of West Virginia:
That the code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §5-6-4a, to read as
follows:
ARTICLE 6. STATE BUILDINGS.
§5-6-4a. Review of real property contracts and agreements.
(a) The secretary of administration shall provide to the joint
committee on government and finance a copy of a contract or agreement for real property exceeding one million dollars and a
report setting forth a detailed summary of the terms of the
contract or agreement, including the name of the owner of the
property and the agent involved in the sale, at least thirty days
prior to any sale, exchange, transfer, purchase, lease purchase,
lease or rental of real property, any construction of new buildings
and any other acquisition or lease of buildings, office space or
grounds by any state agency, including the higher education policy
commission, but excepting the transactions of the division of
highways for state road purposes pursuant to article two-a, chapter
seventeen of this code.
(b) Within thirty days after receipt of the contract or
agreement, the joint committee on government and finance shall meet
and review the contract or agreement.
(c) This section does not apply to renewals and refundings of
lease purchases, leases or rental agreements of real property.
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