The Senate Committee on Government Organization reconvened Wednesday morning to continue their Tuesday afternoon meeting.
Before recessing on Tuesday, the Committee was discussing proposed strike and insert amendment to House Bill 3020, allowing an institutional governing board, the Higher Education Policy Commission or the Community and Technical College Council to enter into a contract for materials, goods, equipment, services, printing, facilities, or financial services with an affiliated nonprofit corporation.
The Committee moved to take away the strike and insert amendment, and instead only propose amendments to the original House Bill. The Committee then adopted a proposed amendment by Senator Palumbo (D – Kanawha, 17) which would limit the proposed legislation only to financial services.
House Bill 2856 would amend the provisions of the West Virginia Code relating to the administration of the operating fund of the Auditor’s securities division. It would change the amount of money from that account that is transferred to the General Revenue Fund. The bill is a cleanup bill from past legislation.
Senate Concurrent Resolution 1 would request the Joint Committee on Government and Finance study the state’s appraisal laws as they relate to Broker Price Opinions, Inspections, and evaluations and how they compare to other states’ laws.
The Committee unanimously adopted the two House bills and the Senate Concurrent Resolution. All three will be reported to the Senate to be voted upon.
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