Senate Bill No. 393
(By Senator Bowman)
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[Introduced January 31, 2007; referred to the Committee on
Government Organization; and then to the Committee on Finance.]
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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 and providing for the Marketing and Communications
Fund to be administered by the Department of Commerce.
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. Department of Commerce Marketing and Communications
Fund.
(a) For the operation of a marketing and communications office
within the office of the secretary of commerce, there is hereby
created a special revenue account, designated the "Department of
Commerce Marketing and Communications Operating Fund," which 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.
This 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.
(b) The marketing and communications office is authorized to
provide marketing and communications goods and services. The
office may charge for these goods and services pursuant to a fee
schedule approved by the secretary of commerce.
Each agency, department, unit of state or local government or
any other entity or person for which marketing and communication
services are provided is hereby authorized and directed to transmit
to the secretary of commerce for deposit in the fund the charges
made by the secretary of commerce.
(c) Any balance including accrued interest and other earnings
at the end of any fiscal year shall not revert to the general fund
but shall remain in the fund for the purposes set forth in this
section.
(d) 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.
NOTE: The purpose of this bill is to create and provide for
Marketing and Communications Fund, to be administered by the
Department of Commerce.
This section is new; therefore, strike-throughs and
underscoring have been omitted.
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