SB 894
Relating to King Coal Highway Economic Advisory Board Act
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill renames the West Virginia Advanced Energy and Economic Corridor Authority to the King Coal Highway Economic Advisory Board. It reduces the board’s membership to 11 members, modifies the criteria for selecting those members, and adjusts the board’s powers and duties. The bill aims to provide guidance to local governments, businesses, and industries along the King Coal Highway to promote economic diversification and leverage natural resources, particularly in the context of the I-73/74 corridor.
Key provisions
- Renames the West Virginia Advanced Energy and Economic Corridor Authority to the King Coal Highway Economic Advisory Board.
- Reduces the advisory board’s membership to 11 members.
- Modifies the requirements for selecting advisory board members, including representatives from the coal, oil & gas, and utility industries.
- Adjusts the advisory board’s powers and duties, including facilitating partnerships and seeking legislative support.
- Requires the board to submit an annual report to the Legislature detailing its activities and recommendations.
- Authorizes the board to accept grants and loans from federal agencies.
- Allows the board to coordinate contracts for multi-county projects.
- Provides the board with the authority to establish a dedicated fund for expenses.
Who is affected
- West Virginia Counties (McDowell, Mercer, Mingo, Wayne, Wyoming)
- Businesses and Industries in the King Coal Highway Region
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