HB 2878 would increase from $200 million to $500 million the amount the Division of Highways is allowed to use to apply for Federal Grant Anticipation Notes to be reimbursed from the funds made available to West Virginia from the federal government’s Highway Fund for West Virginia. The funds obtained from this federal grant will only be used for the completion of interstate or other highway facilities designated as part of the federal-aid highway system or for toll bridges. The bill will be reported to the floor with recommendation that it do pass.
HB 2721 would set the cap on the size of projects constructed by the Division of Highways to $10 million and to extend the sunset date to six years. The bill will be reported to the floor with the recommendation that it do pass.
HB 2722 would remove the financial limitations on how many design build projects may be undertaken by the Division of Highways. Currently, no more than $50 million a year up to an aggregate of $150 million may be expended for design build projects. The bill will be reported to the floor with the recommendation that it do pass.
Originating Bill relating to limited video lottery. Currently, video lottery retailers can only have five video lottery terminals. This bill would increase that number to seven. Revenue enhancements involved licensing for each machine and more play of the machines. The bill will be reported to the floor with the recommendation that it do pass.
