Enhances flexibility and responsiveness of Industrial Access Road Fund in West Virginia
The bill amends the Industrial Access Road Fund in West Virginia to enhance its flexibility, responsiveness, and economic development potential. It allows funds to remain available for three fiscal years and reverts unallocated funds to the State Road Fund. The bill sets a maximum allocation of 10% of the fair market value of the industrial establishment for unmatched funds, which can be supplemented with matched funds.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.