West Virginia Senate Bill 459 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on February 12 2015 - 25% progression, died in committee
Action: 2015-02-18 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Comm Sub) [HTML]

This bill provides for the construction of a state-wide, fiber optic broadband infrastructure network, known as broadband middle mile, to be purchased and owned by the state. The bill adds and defines new terms and creates a separate infrastructure fund for broadband middle mile infrastructure projects. The bill provides additional powers to the West Virginia Network for Educational Telecomputing (WVNET) and Water Development Authority and creates the Broadband Middle Mile Infrastructure Revenue Debt Service Fund. The bill authorizes the issuance of broadband middle mile revenue bonds, provides for contents of trust agreement and trustee for bonds, and specifies remedies available to bondholders, noteholders and trustees. The bill makes broadband middle mile infrastructure revenue bonds lawful investments and provides for purchase, cancellation and refunding of bonds. The bill declares that the bonds are not state debts and are exempt from state taxation.

Relating to development of broadband middle mile infrastructure

Sen. Chris Walters [R]	Sen. Jeffrey Kessler [D]	Sen. David Nohe [R]	Sen. Bob Williams [D]
Sen. Corey Palumbo [D]	Sen. Gregory Boso [R]	Sen. Ron Stollings [D]

Date	Chamber	Action
2015-02-18	Senate	To Finance
2015-02-18	Senate	Committee substitute reported, but first to Finance
2015-02-12	Senate	To Transportation and Infrastructure
2015-02-12	Senate	Introduced in Senate
2015-02-12	Senate	To Transportation and Infrastructure then Finance
2015-02-12	Senate	Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
31	15A	10	Amended Code	Citation Text
31	15A	10a	New Code	See Bill Text
31	15A	11	Amended Code	Citation Text
31	15A	11a	New Code	See Bill Text
31	15A	12a	New Code	See Bill Text
31	15A	13a	New Code	See Bill Text
31	15A	14a	New Code	See Bill Text
31	15A	15a	New Code	See Bill Text
31	15A	17	Amended Code	Citation Text
31	15A	17c	New Code	See Bill Text
31	15A	18a	New Code	See Bill Text
31	15A	19a	New Code	See Bill Text
31	15A	2	Amended Code	Citation Text
31	15A	20a	New Code	See Bill Text
31	15A	21a	New Code	See Bill Text
31	15A	22a	New Code	See Bill Text
31	15A	23a	New Code	See Bill Text
31	15A	24a	New Code	See Bill Text
31	15A	8	Amended Code	Citation Text
31	15A	9a	New Code	See Bill Text
31	15A	9b	New Code	See Bill Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=459&year=2015&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=sb459%20intr.htm&yr=2015&sesstype=RS&i=459
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=SB459%20SUB1.htm&yr=2015&sesstype=RS&i=459