The House Finance committee met today and discussed five bills.
SB 321 would provide minimum reporting requirements for employee information to the Consolidated Public Retirement Board. The bill passed and will be reported to the floor.
SB 364 would update the WV code to the Streamlined Sales and Use Tax, which is done about every couple to few years. The bill will be reported to the floor with recommendation that it do pass.
SB 365 would maintain the solvency of the Unemployment Compensation Fund; and extending the time period for borrowing funds from the Revenue Shortfall Reserve Fund for the Unemployment Compensation Fund to September 1, 2018. The extension is wanted for later use, not current use. The bill will be reported to the floor with recommendation that it do pass.
SB 392 would a definition for “vested” to Municipal Police and Fire Retirement System; and clarify duty/nonduty disability. The bill will be reported to the floor with the recommendation that it do pass.
SB 566 would provide payment to certain claimants who provided commodities and/or services to the state, but who were not paid because the agency reached its budget limit. The bill will be reported to the floor with the recommendation that it do pass.
