The House Finance Committee this morning.
Markup & Passage
House Bill Originating provides for revenue bonds for improvements at the Culture Center.
House Bill 4001 would create a nonprofit corporation formed by the Governor to promote economic development, job creation, job retention, job training, and the recruitment of businesses to WV.
House Bill 5353 would bring virtual currency kiosks within the purview of money transmission licensure. The bill sets disclosure requirements and transaction limitations for new and existing customers.
House Bill 5088 increases the West Virginia Natural Resources Police Officer Retirement System accrued benefit for members who retire after July 1, 2029. The bill provides funding for the benefit.
House Bill 4010 provides a statutory framework for lending state funds to local airports for hangar construction to enhance economic development in the state.
House Bill 5515 revises outdated provisions of the code relating to the administration of workers’ compensation claims.
House Bill 5438 would modify the foundation allowance to improve instructional programs.
House Bill Originating – Hope Scholarship would amend the Hope Scholarship to require payments four times a year instead of twice.
An amendment was offered to set an income cap at five times the Average Gross Income. The amendment was ruled not germane.
Another amendment was offered to insert a tier award so that families making $75,000 or less get full award, families making $75,000 to $100,000 would get 75 percent of the award, families making $100,000 to $125,000 would qualify for 50 percent of the award, families making $125,000 to $150,000 would qualify for 25 percent of the award, and families making over $150,000 would be ineligible for the Hope Scholarship. The amendment was ruled not germane.
Another amendment was made to allow out-of-state virtual schools to remain eligible, while making brick-and-mortar schools ineligible. The amendment was ruled not germane.
The originating bill was advanced to the House floor.
The Committee is in recess.
