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ENROLLED
Senate Bill No. 521
(By Senators Plymale and Jenkins)
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[Passed April 9, 2005; in effect ninety days from passage.]
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AN ACT to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §18-2-37, relating to
requiring a study on the feasibility of requiring flood
insurance
, general property insurance or both on all buildings
owned by a county board and the contents of those buildings.
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 §18-2-37, to read as
follows:
ARTICLE 2. STATE BOARD OF EDUCATION.
§18-2-37. State Board study on flood insurance and general
property insurance.
(a) The Legislature finds the following:
(1) When county boards do not fully insure their buildings and
the contents of those buildings, the Legislature is sometimes expected to cover at least part of the costs of any damages that
are incurred;
(2) Although the Federal Emergency Management Agency through
the Public Assistance Grant Program will provide, in some
instances, grants to repair or replace buildings owned by a county
board, those grants are only provided if those buildings are
located in an area where a state of emergency has been declared;
and
(3) The Federal Emergency Management Agency requires a certain
amount and type of insurance for certain school buildings.
(b) The State Board shall conduct a study on the feasibility
of requiring flood insurance, general property insurance or both on
all buildings owned by a county board and the contents of those
buildings. The State Board shall report back to the Legislative
Oversight Commission on Education Accountability before the first
day of December, two thousand five. The report shall include any
recommended legislation.