§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 […]
§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-2-2. 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-2-3. 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 […]