Banking And Finance
West Virginia 2023 Regular Session
First Time Home Buyers Savings Account Act [HB-3301]
[Housing ]
[Real Estate ]
[Taxes ]
[Finance ]
[Consumer Protection ]
The purpose of this bill is to create the "First Time Home Buyer Savings Account Act". The bill provides for definitions. The bill creates a first time home buyer savings account. The bill provides for subtractions from federal adjusted gross income. The bill provides limits applicable to subtraction from federal adjusted gross income. The bill provides penalties for withdrawal of funds. The bill requires financial institution to provide account holder information certificate. The bill requires the Tax Commissioner to propose rules to implement
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Gettr West Virginia 2023 Regular Session
Prohibiting banks and payment networks from tracking firearm-related data and outlining penalties [HB-3252]
[Firearms/Gun Control ]
[Finance ]
[Consumer Protection ]
[Law Enforcement ]
[Public Safety ]
The purpose of this bill is to prohibit banking institutions and payment networks from requiring firearms retailers to adopt a merchant category code or transmit B2B data that would specifically identify the firearms retailer as a retailer of firearms, firearm accessories, or ammunition. Banking institutions violating this prohibition would receive a 10-point deduction on the technical section of the procurement scoring of the local or State purchasing card contract when bids are tabulated.
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West Virginia 2023 Regular Session
To authorize restitution to victims of securities fraud and to create a fund for that purpose [HB-3250]
[Finance ]
[Consumer Protection ]
[Law Enforcement ]
[Public Safety ]
[Crime ]
The purpose of this bill is to authorize restitution to victims of securities fraud and to create a fund for that purpose.
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West Virginia 2023 Regular Session
Prohibiting banks and payment networks from tracking firearm-related data and outlining penalties [SB-555]
[Firearms/Gun Control ]
[Finance ]
[Consumer Protection ]
[Law Enforcement ]
[Public Safety ]
The purpose of this bill is to prohibit banking institutions and payment networks from requiring firearms retailers to adopt a merchant category code or transmit B2B data that would specifically identify the firearms retailer as a retailer of firearms, firearm accessories, or ammunition. Banking institutions violating this prohibition would receive a 10-point deduction on the technical section of the procurement scoring of the local or State purchasing card contract when bids are tabulated.
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West Virginia 2023 Regular Session
Prohibiting financial institutions from discriminating against firearms businesses [SB-466]
[Firearms/Gun Control ]
[Finance ]
[Consumer Protection ]
[Small Business ]
[Law Enforcement ]
[Public Safety ]
The purpose of this bill is to prohibit financial institutions from discriminating against firearms businesses. The bill specifies civil remedies. The bill provides for attorneys fees and costs for a successful action. The bill provides for a statute of limitations on civil actions. The bill provides for potential loss of state business to a financial institution found to have violated this article. Finally, the bill provides for an effective date.
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West Virginia 2023 Regular Session
Relating to WV Grant Transparency and Accountability Act [SB-460]
[Budget and Spending ]
[Funding ]
[Grants ]
The purpose of this bill is to clarify that regardless of the source of funding, the funds required to match federal funds are not considered "state grants".
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West Virginia 2023 Regular Session
Increasing salary for certain state employees [SB-423]
[Labor, Jobs, Employment ]
[Education ]
[Law Enforcement ]
[Budget and Spending ]
[Public Safety ]
The purpose of this bill is to raise the salaries of certain state employees including: WV State Police and certain personnel; public school teachers; and school service personnel.
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West Virginia 2023 Regular Session
To remove certain territorial limitations on a banking institution’s ability to offer messenger services or mobile banking facilities [HB-2611]
[Finance ]
[Technology and Innovation ]
[Consumer Protection ]
The purpose of this bill is to remove certain territorial limitations on a banking institution's ability to offer messenger services or mobile banking facilities, except that the 2,000 foot limit to the proximity of another bank's main or branch office remains.
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West Virginia 2023 Regular Session
Reforming the community reinvestment act to ensure investment in low income communities [HB-2094]
[Finance ]
[Community Development ]
[Economic Development ]
The purpose of this bill is to require an audit of the Commissioner of Banking and the Board of Banking and Financial Institutions to assess their compliance with the West Virginia Community Reinvestment Act.
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West Virginia 2023 Regular Session
Creating the WV Community Development Equity Fund [HB-2202]
[Community Development ]
[Economic Development ]
[Finance ]
[Funding ]
[Grants ]
[Race and Civil Rights ]
[Small Business ]
The purpose of this bill is to state the obligation of the West Virginia Economic Development Authority to provide effective technical and business advisory services to African-Americans and minority-owned and-operated enterprises that are available under the Community Development and Financial Institutions Act of 1994 and the Federal emergency Capital Investment Program (ECIP) established by the Consolidated Appropriations Act of 2021.
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West Virginia 2023 Regular Session
To establish a state bank of West Virginia [HB-2073]
[Finance ]
[Budget and Spending ]
[Economic Development ]
The purpose of this bill is to create a state Bank of West Virginia.
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West Virginia 2022 Regular Session
Relating to funding for infrastructure and economic development projects in WV [SB-729]
[Infrastructure ]
[Economic Development ]
[Funding ]
[Budget and Spending ]
Relating to funding for infrastructure and economic development projects in WV
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West Virginia 2022 Regular Session
Divesting state-managed funds from companies engaged with Russia or Russian energy [SB-730]
[Finance ]
[Energy ]
[International ]
[Investments ]
[National Security ]
Divesting state-managed funds from companies engaged with Russia or Russian energy
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West Virginia 2022 Regular Session
Creating WV Monument and Memorial Protection Act of 2022 [SB-684]
[Arts and Culture ]
Creating WV Monument and Memorial Protection Act of 2022
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West Virginia 2022 Regular Session
Permit banks the discretion to choose whether to receive deposits from other banks, savings banks, or savings and loan associations when arranging for the re-deposits of county, municipal, and state funds [HB-4779]
[Finance ]
[Budget and Spending ]
[Taxes ]
Permit banks the discretion to choose whether to receive deposits from other banks, savings banks, or savings and loan associations when arranging for the re-deposits of county, municipal, and state funds
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West Virginia 2022 Regular Session
Creating the WV Community Development Equity Fund [HB-4783]
[Community Development ]
[Economic Development ]
[Funding ]
[Grants ]
Creating the WV Community Development Equity Fund
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West Virginia 2022 Regular Session
Permit banks to transact business with any one or more fiduciaries on multiple fiduciary accounts [HB-4778]
[Finance ]
[Consumer Protection ]
Permit banks to transact business with any one or more fiduciaries on multiple fiduciary accounts
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West Virginia 2022 Regular Session
Prohibiting state contracts with banks engaged in boycotts of energy companies [HB-4618]
[Energy ]
[Finance ]
[Budget and Spending ]
[Economic Development ]
Prohibiting state contracts with banks engaged in boycotts of energy companies
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West Virginia 2022 Regular Session
Clarifying the definition of incapacity so that incarceration in the penal system or detention outside of the United States may not be inferred as resulting in a lack of capacity to execute a power of attorney [HB-4583]
[Law Enforcement ]
[Human Rights ]
[Criminal Justice ]
Clarifying the definition of incapacity so that incarceration in the penal system or detention outside of the United States may not be inferred as resulting in a lack of capacity to execute a power of attorney
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West Virginia 2022 Regular Session
To update the law related to money transmitters to align West Virginia with the majority of states with respect to control of a licensee and key individuals as well as net worth [HB-4364]
[Finance ]
[Consumer Protection ]
[Small Business ]
To update the law related to money transmitters to align West Virginia with the majority of states with respect to control of a licensee and key individuals as well as net worth