Four originating bills came before the Senate Economic Development Committee, Wednesday.
Of the proposed legislation, two bills have been referred to the Senate following a double reference. The other two bills have been amended to into a study resolution.
Brief review of Originating Bills 1 through 4 followed a lengthy floor session. The proposed legislation intends to:
- Originating Bill 1 would create the WV Motorsports Entertainment Complex Investment Act
- Originating Bill 2 would create the WV Motorsports Committee
- Originating Bill 3 would create the Local Unincorporated Municipality Board
- Originating Bill 4 relates to Retail Sales and Use Tax; Absorption of Tax by Retailer
Senate Bill 602 would create a matching program for the Small Business Innovation and Research Program and the Small Business Technology Transfer Program.
Following consideration of the bill, members motioned to report the bill to the full Senate following a double reference to the committee on finance.
