Relating to cessation of West Virginia Fund [HB-3240]
The purpose of this bill is to eliminate the West Virginia Future Fund due to language in W. Va. Code §11B-2-20 that prevents its funding. Any money held in the Future Fund on July 1, 2023, will be transferred into the General Revenue Fund and the Future Fund will be closed.
HB-3240: Relating to cessation of West Virginia Fund
Sponsored by: Rep. Adrian Criss
Filed For Introduction on 02/02/2023
Relating to the operation of private trust companies in West Virginia [HB-3272]
The purpose of this bill is to enact laws authorizing the formation and operation of licensed and unlicensed private trust companies under West Virginia law and to make substantive changes to West Virginia's rule against perpetuities by replacing its 90 year "wait and see" provision with a 1,000 "wait and see" provision to thereby permit dynastic, multigenerational trusts to be formed under West Virginia law, all in an effort to make West Virginia a more attractive situs for the formation and administration of trusts.
HB-3272: Relating to the operation of private trust companies in West Virginia
Sponsored by: Rep. Moore Capito
Chapter 154, Acts, Regular Session, 2023 on 05/01/2023
Providing an election for pass-through entities to pay income tax at the entity level [HB-3245]
The purpose of this bill is to provide an election for pass-through entities to pay income taxes at the entity level rather than pass the income through to individual owners. The bill sets forth the method of claiming the election; defines terms; sets forth a rate of tax; deals with claims for refunds and issuing assessments; deals with claiming tax credits; provides increasing and decreasing modifications for partners and shareholders when the pass-through entity elects to pay the tax at the entity level; provides for rulemaking; and sets forth
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HB-3245: Providing an election for pass-through entities to pay income tax at the entity level
Sponsored by: Rep. Adrian Criss
Filed For Introduction on 02/03/2023
Providing that records of Department of Health and Human Services of sustained and non-sustained allegations of child abuse or neglect are preserved [HB-3287]
The purpose of this bill is to establish a time period for providing that records of Department of Health and Human Services records of sustained and non-sustained allegations of child abuse or neglect are preserved for the purpose of preventing a person in which these findings are made may have their names removed from a registry that may prevent the person from holding jobs from which child abusers are disqualified, or from providing foster or kinship care to a child in the future.
HB-3287: Providing that records of Department of Health and Human Services of sustained and non-sustained allegations of child abuse or neglect are preserved
Sponsored by: Rep. Adrian Criss
Do Pass, But First To Judiciary on 02/17/2023
You have voted HB-3287: Providing that records of Department of Health and Human Services of sustained and non-sustained allegations of child abuse or neglect are preserved.
To amend the deliberate intent statute to limit noneconomic damages to $500,000 [HB-3270]
The purpose of this bill is to amend the deliberate intent statute to limit noneconomic damages to $250,000, remove occupational pneumoconiosis from compensable injuries under deliberate intent, require bifurcation to enhance speedy resolution of non-meritorious claims, and to cap attorneys fees to the same amount allowable under the other portions of Chapter 23.
HB-3270: To amend the deliberate intent statute to limit noneconomic damages to $500,000
Sponsored by: Rep. Roy Cooper
Chapter 331, Acts, Regular Session, 2023 on 05/01/2023