West Virginia Senate Bill 347 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 26 2010 - 25% progression, died in chamber
Action: 2010-02-24 - On 2nd reading to Finance

The purpose of this bill is to create the West Virginia Transportation Finance Commission and its governing board. The bill sets forth the appointment, terms, qualifications, compensation and expenses of its members and the powers and duties of the commission. The bill creates the West Virginia Transportation Finance Commission Fund and sets forth the requirements for deposits, contributions, appropriations, capitalization, disbursements, subaccounts, loans and other financial assistance from the fund. The bill also sets forth requirements for applications for loans and other financial assistance, approval of qualified projects, finance agreements, payments and repayments of loans and withholding of defaulted payments from funds allotted or payable to a defaulting government unit. The bill identifies the rights of qualified borrowers from the fund. The bill further requires annual reports to Governor, the Legislature and appropriate federal agencies and requires annual audits. The bill requires the Department of Transportation to assist the commission. The bill also makes legislative findings and defining terms. This article is new; therefore, strike-throughs and underscoring have been omitted.

Creating WV Transportation Finance Commission

Sen. John Fanning [D]

Sen. Evan Jenkins [D]

Sen. Robert Plymale [D]

Sen. John Unger [D]

Date	Chamber	Action
2010-02-24		On 2nd reading to Finance
2010-02-24		Read 1st time
2010-02-24		On 1st reading
2010-02-24		Immediate consideration
2010-02-24		Reported do pass, but first to Finance
2010-01-26		To Government Organization
2010-01-26		To Government Organization then Finance
2010-01-26		Introduced in Senate
2010-01-26		To Government Organization then Finance
2010-01-26		Filed for introduction

HB4174 (Same As) 2010-01-26 - To House Government Organization

Chapter	Article	Section	Citation Type	Statute Text
31	15D	1	New Code	See Bill Text
31	15D	10	New Code	See Bill Text
31	15D	2	New Code	See Bill Text
31	15D	3	New Code	See Bill Text
31	15D	4	New Code	See Bill Text
31	15D	5	New Code	See Bill Text
31	15D	6	New Code	See Bill Text
31	15D	7	New Code	See Bill Text
31	15D	8	New Code	See Bill Text
31	15D	9	New Code	See Bill Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=347&year=2010&sessiontype=RS&btype=bill