SB 447
Relating to Industrial Access Road Grant Program
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 Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill modifies the Industrial Access Road Grant Program in West Virginia by increasing the amount of state tax revenue dedicated to the fund and clarifying how the funds can be used. It establishes a timeframe for the Division of Highways to review and approve requests for industrial access road construction and outlines restrictions on how the funds can be spent, specifically prohibiting use for certain facilities and private property. The bill also sets limits on the amount of funds that can be allocated to a single county in a fiscal year.
Key provisions
- Increases the percentage of state tax collections dedicated to the Industrial Access Road Fund to three-fourths of one percent.
- Establishes a timeframe of 90 days for the Division of Highways to approve or comment on proposed industrial access road locations.
- Prohibits the use of the fund for utilities, schools, hospitals, shopping centers, and private property.
- Requires a certification from the county or municipality confirming the industrial site is constructed or under contract before funds can be expended.
- Limits the amount of unmatched funds that can be allocated to a single county in a fiscal year.
- Sets limits on the total amount of funds that can be allocated to a single industrial establishment.
- Allows for supplemental matching funds to be used in conjunction with unmatched funds.
- Specifies that funds can only be used for essential construction items related to the access road.
Who is affected
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