§17-26A-1. Definitions
For purposes of this article: (1) “Commissioner” means the West Virginia Commissioner of Highways continued pursuant to section one, article two-a of this chapter;
§17-26A-2. State Road General Obligation Bonds; Amount; When May Issue
(a) Bonds of the State of West Virginia, under authority of the Roads to Prosperity Amendment of 2017 of the principal amount not to exceed in the aggregate $1.6 billion are authorized to be issued and sold for matching available federal funds for highway and bridge construction in this state and for general highway and […]
§17-26A-3. Creation of Debt Service Fund to Pay Debt Service on State Road General Obligation Bonds
There is hereby created a special account in the State Treasury, which shall be designated and known as the Roads to Prosperity Bond Debt Service Fund, into which shall be deposited any and all amounts appropriated by the Legislature from the State Road Fund or funds from any source whatsoever which is made liable by […]
§17-26A-4. Roads to Prosperity Bond Debt Service Fund; Sources Used to Pay Bonds, Interest and Cost of Issuance; Investment of Remainder
(a) All funds deposited to the credit of the Roads to Prosperity Bond Debt Service Fund shall be kept by the State Treasurer in a separate account, and all money belonging to the fund shall be deposited in the Treasury to the credit of the fund. (b) The fund shall be applied by the State […]