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SB393 SUB2 Senate Bill 393 History

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Key: Green = existing Code. Red = new code to be enacted
COMMITTEE SUBSTITUTE

FOR

COMMITTEE SUBSTITUTE

FOR

Senate Bill No. 393

(By Senator Bowman)

____________

[Originating in the Committee on Finance;

reported February 26, 2007.]

____________


A BILL to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §5B-1-1a, relating to creating the Marketing and Communications Office to be administered by the Department of Commerce; providing marketing and communications goods and services to other state agencies; setting fees; creating a special revenue account; providing for expenditure of funds; and providing sunset provisions.

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 §5B-1-1a, to read as follows:
ARTICLE 1. DEPARTMENT OF COMMERCE.
§5B-1-1a. Marketing and Communications Office.
(a) The Marketing and Communications Office is created to provide marketing and communications goods and services to other state agencies. The office may charge for these goods and services pursuant to a fee schedule approved by the Secretary of Commerce.
(b) Each agency, department, unit of state or local government or any other entity or person for which marketing and communication services are provided shall transmit to the Secretary of Commerce for deposit in the fund the charges made by the Secretary of Commerce.
(c) There is created a special revenue account, designated the Department of Commerce Marketing and Communications Operating Fund, for the operation of a marketing and communications office within the office of the Secretary of Commerce.
(d) This fund shall be an interest bearing account and shall be invested pursuant to section nine-c, article six, chapter twelve of this code with the interest income a proper credit of the fund. The fund shall consist of all interest or return on investment accruing to this account, funds received for marketing and communications goods and services rendered to other agencies, departments, units of state and local government and any other entity and any appropriations by the Legislature which may be made for purposes described in this section.
(e) Any balance including accrued interest and other earnings at the end of any fiscal year shall not revert to the General Revenue Fund but shall remain in the fund for the purposes set forth in this section.
(f) Expenditures from the fund are authorized from collections and shall be expended at the discretion of the Secretary of Commerce for the administration of the provisions of this section.
(g) Pursuant to the provisions of article ten, chapter four of this code, the Marketing and Communications Office shall continue to exist until the first day of July, two thousand ten, unless sooner terminated, continued or reestablished.
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