West Virginia HB5129 removes the Water Development Authority's power to fund infrastructure projects recommended by certain state secretaries.
West Virginia HB5129 amends the powers of the West Virginia Water Development Authority, specifically removing its ability to fund infrastructure projects recommended by the Secretary of Commerce, the Secretary of Economic Development, and/or the Secretary of Tourism. The bill also mandates that any funding from the Economic Enhancement Grant Fund can only be used for in-state eligible projects. The Water Development Authority is required to establish the Enhancement Grant Subaccount and the Matching Grant Subaccount within the Economic Enhancement Grant Fund.
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