HB 2593
Relating to the limitations on the financial relationships with foreign entities that have values antithetical to those of the State of West Virginia
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to restrict the financial relationships between the State of West Virginia and foreign entities whose values are contrary to those of the state. It requires state agencies to certify that any contracts with companies do not benefit foreign entities with antithetical values, such as state sponsors of terrorism or nations aligned with communist ideology. The bill also establishes specific criteria for identifying these foreign entities and grants the Purchasing Division authority to enforce these limitations. It modifies existing sections of the West Virginia Code related to departmental authority and economic development.
Key provisions
- Requires state agencies to certify that contracts with companies do not benefit foreign entities with antithetical values.
- Defines ‘foreign entities’ as state sponsors of terrorism and nations aligned with communist ideology.
- Establishes a process for companies to provide evidence demonstrating the lack of benefit to foreign entities.
- Modifies the authority of the Secretary of Administration to oversee state agencies and procurement.
- Creates new sections in the West Virginia Code to address these limitations.
- Authorizes the West Virginia Economic Development Board to ensure projects comply with these restrictions.
- Requires the West Virginia Economic Development Authority to maintain records related to the administration of this bill.
- Specifies that the state should uphold values consistent with its own.
Who is affected
- State Agencies
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours