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Home » US Law » 2022 West Virginia Code » Chapter 5B. Economic Development Act of 1985 » Article 2. Department of Economic Development

§5B-2-1. West Virginia Department of Economic Development; Confidentiality

(a) The West Virginia Development Office, previously continued from the Governors office of community and industrial development, is hereby continued but is hereafter raised to a separate and distinct department of the executive branch of state government and is designated and shall be known as the West Virginia Department of Economic Development. All references in […]

§5B-2-14. Certified Development Community Program

The certified development community program is continued and is transferred to, incorporated in and administered as a program of the Department of Economic Development. The program shall provide funding assistance to the participating economic development corporations or authorities through a matching grant program. The department shall establish criteria for awarding matching grants to the corporations […]

§5B-2-16. Entrepreneurship and Innovation Investment Fund

(a) The Entrepreneurship and Innovation Investment Fund is hereby created. The fund shall be administered by the Department of Economic Development and shall consist of all moneys made available for the purposes and from the sources set forth in this section of the code. (b) The fund consists of moneys received from the following sources: […]

§5B-2-17. West Virginia Motorsport Committee

(a) The West Virginia Motorsport Committee is hereby created. (b) The committee consists of five members, including its chairperson, appointed by the Governor to serve at his or her will and pleasure. (c) The Secretary of the Department of Tourism and the Secretary of the Department of Economic Development shall also serve on the committee, […]

§5B-2-18. Small Business Supplier Certification Assistance Program

(a) The Legislature finds that there is currently no standardized certification process for small business enterprises in West Virginia. As a result, there is no uniform method for verifying or certifying small business contractors or suppliers seeking to participate in government contracting and procurement processes. The Legislature further finds that it is important to develop […]

§5B-2-19. Certified Sites and Development Readiness Program

(a)(1) The Certified Sites and Development Readiness Program is hereby created and is to be administered as a program within the Department of Economic Development with appropriate rules as necessary. The program shall establish evaluation criteria and site certification levels based upon developmental readiness of an applicants site. In developing the program, the department shall […]

§5B-2-2. Office of Secretary of Department of Economic Development

(a) The Secretary of the Department of Economic Development is the chief executive officer of the department. The Governor shall appoint the secretary, by and with the advice and consent of the Senate, for the term for which the Governor is elected, and the secretary shall serve at the will and pleasure of the Governor. […]

§5B-2-20. West Virginia Uncrewed Aircraft Systems Advisory Council

(a) The West Virginia Uncrewed Aircraft Systems Advisory Council is hereby created within the Department of Economic Development. (b) The council consists of the following nine members, including the chairperson: (1) The Secretary of the Department of Economic Development or his or her designee, ex officio, who shall serve as the chair of the council, […]

§5B-2-21. Certified Industrial Business Expansion Development Program

(a) Program established. — The Certified Industrial Business Expansion Development Program is hereby created and is to be administered as a program within the Department of Economic Development to encourage the continued development, construction, operation, maintenance, and expansion in West Virginia of high impact industrial plants and facilities, in certain circumstances where the availability of […]

§5B-2-3. Powers and Duties of the Secretary

(a) The secretary shall enhance economic growth and development through the development of a comprehensive economic development strategy for West Virginia. “Comprehensive economic development strategy” means a plan that outlines strategies and activities designed to continue, diversify or expand the economic base of the state as a whole; create jobs; develop a highly skilled workforce; […]

§5B-2-3b. Economic Development Promotion and Closing Fund

The previously created fund known as the “Development Office promotion fund” is hereby continued but shall hereafter be known as the “Economic Development Promotion and Closing Fund”. Moneys deposited in this fund shall be administered by the Department of Economic Development and used solely to promote business formation, expansion, recruitment and retention through aggressive marketing […]

§5B-2-4. Public-Private Partnerships

The Department of Economic Development may enter into contractual or joint venture agreements with a nonprofit corporation organized pursuant to the corporate laws of the state, organized to permit qualification pursuant to section 501(c) of the Internal Revenue Code and for purposes of the economic development of West Virginia, and funded from sources other than […]

§5B-2-4a. State Allocation to Regional Councils

The Department of Economic Development may enter into contractual agreements with the regional councils formed under 8-25-5 of this code to provide funding to the regional councils to be used to obtain federal matching grants and for other purposes determined to be appropriate by the department. The maximum state allocation to each eligible regional council […]

§5B-2-5. Economic Development Representatives

(a) The secretary may employ economic development representatives to be paid a base salary within legislative appropriations to the department, subject to applicable contract provisions pursuant to 5B-2-4 of this code. Economic development representatives may receive performance-based incentives and expenses paid from private funds from a nonprofit corporation contracting with the department pursuant to 5B-2-4 […]

§5B-2-6. Transition; Savings Provision

All programs, orders, determinations, rules, permits, grants, contracts, certificates, bonds, authorizations and privileges which have been issued, made, granted or allowed to become effective pursuant to any prior enactments of this article or by the Governor, the Governors Office of Community and Industrial Development or its director, or by a court of competent jurisdiction, and […]

§5B-2-6a. Brownfield Economic Development Districts; Applications; Fees; Rules

(a) Any property owner of a tract of land that is a brownfield or voluntary remediated site pursuant to 22-22-1 et seq. of this code may, if the site and surrounding area were involved in the extraction and processing of coal, limestone, or other natural resources, apply to the department to become a brownfield economic […]

§5B-2-9a. Powers and Duties of Secretary of the Department of Tourism and Tourism Advisory Council for Improving Cardinal Passenger Train Service; Declaration of Public Policy and Legislative Intent

(a) It is hereby declared the public policy of the State of West Virginia and the intent of the Legislature to facilitate, advance and improve the availability of interstate passenger rail service to the state, the contributions of such service to local tourism development including the Boy Scouts of America Summit Bechtel Reserve in Fayette […]