West Virginia HB5641 mandates public financial transparency for state, county, municipal, and government-controlled entities through the West.
West Virginia HB5641 requires state, county, municipal, and government-controlled entities to participate in the West Virginia Checkbook system or a substantially similar public transparency platform. Entities must ensure financial data is no more than two months behind actual financial activity. They must prominently post a direct link to the transparency platform on their official website and social media accounts. Entities failing to participate after the compliance date face a $500 quarterly penalty, while those with delayed data face escalating monthly fines starting at $50 per month.
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- Legal Framework
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