Relating generally to the Municipal Bond Commission governance
This bill reorganizes the governance of the West Virginia Municipal Bond Commission by designating the State Treasurer as its chairman and requiring the Treasurer to appoint the commission's chief administrative officer. It mandates that the State Treasurer provide office space and staff to support the commission while increasing per diem rates for members and allowing reimbursement for reasonable expenses. The legislation also introduces new operational requirements, such as the production of quarterly financial statements, an annual audit, and the ability to conduct business via video conferencing, while permitting the commission to enter into existing contracts with financial institutions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
Governor
Introduced Oct 7, 2024
Last action Oct 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
3
Oct 8, 2024
Lower · Passed
With amendment, do pass
lower
Oct 7, 2024
Committee
To House Finance
lower
Oct 7, 2024
Introduced
Introduced in House
lower
Oct 7, 2024
Committee
To Finance
lower
1 primary · 1 co-sponsor
Sponsors
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