Source: http://www.wvlegislature.gov/Bill_Text_HTML/2011_SESSIONS/RS/amendments/HB2096%20PS%20AM%201-19.htm
Timestamp: 2018-01-23 18:55:38
Document Index: 758285279

Matched Legal Cases: ['§5', '§5', '§5', '§5', '§5', '§5', '§5', '§5']

HB2096 PS AM 1-19
The Committee on Political Subdivisions moves to amend the bill on page 2, line 3, by striking everything after the enacting clause and inserting in lieu thereof the following:
“That the Code of West Virginia, 1931, as amended, be amended by adding thereto a new article, designated §5B-2H-1, §5B-2H-2, §5B-2H-3, §5B-2H-4, §5B-2H-5 and §5B-2H-6 all to read as follows:
This article may be cited as the Arts, Entertainment and Enterprise District Creation Act.
§5B-2H-2. Definitions.
(J) The creation of original technology design or advancement; or,
(a) A municipality may apply to the board to designate an area as an arts, entertainment and enterprise district:
(2) Be approved by the governing body of the municipality.
(a)(1) Within sixty days after a submission date, the board may designate no more than five arts, entertainment and enterprise districts from among the applications submitted.
(c) At any time, a municipality may reapply to the board to designate an area an arts, entertainment and enterprise district that is not so designated.
(d) The board consists of the following nine members, who are appointed by the Governor:
(5) One member who is a licensed architect and is L.E.E.D certified;
(6) One member who represents West Virginia Housing and Urban Development Fund;
(7) One member who represents a technology organization;
(8) One member who represents municipalities; and,
(e) Members shall serve without compensation, but may be reimbursed for all reasonable and necessary expenses actually incurred in the performance of duties as a board member, in a manner consistent with the guidelines of the Travel Management Office of the Department of Administration.
(f) The board shall meet on December 1, 2011 to review applications and approve districts.
A municipality may apply to the board to expand an existing arts, entertainment and enterprise district in the same manner as the municipality would apply to designate a new arts, entertainment and enterprise district.
§5B-2H-6. Rules and Report.
(a) The board shall adopt by-laws, an application procedure and criteria to designate arts, entertainment and enterprise districts. The board shall adopt these requirement by August 1, 2011.
(b) The chairperson of the board shall report during the July 2012 interim meetings to the Joint Committee on Finance on:
(1) Other states which have created arts, entertainment and enterprise districts;
(2) Whether the creation of a tax credit would incentive the development of these districts; and,
(3) If the tax credit would be beneficial, identify possible funding sources for the tax credit.”