HB 5200
Creating Office of entrepreneurship
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 establishes an Office of Entrepreneurship within the West Virginia Secretary of State’s office. The office will serve as a liaison between entrepreneurs, state agencies, and support organizations to streamline business processes and identify barriers to growth. It’s also tasked with fostering entrepreneurship across the state, providing resources, and reporting on the state’s entrepreneurial landscape to the legislature.
Key provisions
- Creates an Office of Entrepreneurship within the Secretary of State’s office.
- Defines key terms related to entrepreneurship, such as ‘startup,’ ‘scale-up,’ and ‘entrepreneurial support organization.’
- Authorizes the office to coordinate with state agencies and non-governmental organizations to support businesses.
- Requires the office to provide a report to the Joint Standing Committee on Economic Development annually.
- Establishes a dedicated fund for the office’s operations.
- Authorizes the office to generate revenue through fees for services and programs.
- Grants the office rulemaking authority.
- Specifies procedures for data sharing between the office and state agencies, including confidentiality protections.
Who is affected
- Entrepreneurs
- Startups
- Scale-up businesses
- State agencies
- Entrepreneurial support organizations
Notable changes
Sponsors
Official sponsors from legislative records.
Primary sponsor
G. Howell
Cosponsors
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