Establishes TEAM-WV Corporation to promote economic development and job creation in West Virginia.

The bill creates TEAM-WV Corporation, a nonprofit entity tasked with promoting economic development, job creation, job retention, job training, and business recruitment in West Virginia. The Governor forms the corporation by filing articles of incorporation with the Secretary of State. The corporation is governed by a nine-member board, with specific qualifications for its members. The board appoints a chief executive officer responsible for executing contracts, spending funds, and hiring employees.

Establishes TEAM-WV Corporation to promote economic development and job creation in West Virginia.

The bill creates TEAM-WV Corporation, a nonprofit entity tasked with promoting economic development, job creation, job retention, job training, and business recruitment in West Virginia. The Governor forms the corporation by filing articles of incorporation with the Secretary of State. The corporation is governed by a nine-member board, with specific qualifications for its members. The board appoints a chief executive officer responsible for executing contracts, spending funds, and hiring employees.