HB 2978 West Virginia House of Delegates · 2025 Regular Session

Relating generally to the Municipal Bond Commission governance

HB 2978 amends West Virginia's Municipal Bond Commission governance by designating the State Treasurer as chairman and requiring the chairman to appoint the commission's chief administrative officer. The bill mandates the State Treasurer to provide office space and staff support, increases per diem rates for commission members, and requires quarterly financial statements and annual audits. It also permits video conferencing for meetings, allows the commission to enter contracts with financial institutions, and removes obsolete language to modernize operations. These changes directly affect the commission's structure, funding, and administrative processes.

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

House of Delegates Passage

Mar 2025

Senate Passage

Governor

Introduced Feb 26, 2025 Last action Apr 1, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Committee Substitute → Committee Substitute for the Committee Substitute · 2 edits

MINOR

The bill was re-submitted for committee review after modifications. The originating committee changed from the Committee on Investments to the Committee on Finance, with a new date of March 21, 2025. The bill's substantive content regarding the Municipal Bond Commission remains the same, focusing on governance, staffing, financial reporting, and operational flexibility.

TECHNICAL

The originating committee designation was updated from the Committee on Investments to the Committee on Finance, dated March 21, 2025, indicating the bill moved to a different legislative committee for review.

The bill version identifier was updated from 'sub1' to 'sub2' to reflect the new iteration of the committee substitute.

Floor votes · House of Delegates Mar 28, 2025

How they voted

83–8

Passed · 9 other

Total votes 100

Mar 28, 2025

D Democratic9

7 Yea 2

77% Yea

R Republican91

76 Yea 8 Nay 7

83% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 1, 2025

Committee

To Government Organization

upper

Apr 1, 2025

Committee

To Government Organization then Finance

upper

Apr 1, 2025

Introduced

Introduced in Senate

upper

Mar 28, 2025

Lower · Passed

Passed House (Roll No. 238)

lower

Mar 25, 2025

Lower · Passed

By substitute, do pass

lower

Mar 18, 2025

Committee

To House Finance

lower

Mar 3, 2025

Committee

To House Investments

lower

Feb 26, 2025

Committee

To House Finance

lower

Feb 26, 2025

Introduced

Introduced in House

lower

Feb 26, 2025

Committee

To Finance

lower

1 primary · 0 co-sponsors