WEST VIRGINIA LEGISLATURE
2024 REGULAR SESSION
ENROLLED
House Bill 5170
BY DELEGATES HOWELL AND YOUNG
[Passed March 6, 2024; in effect ninety days from passage.]
Enr HB 5170
1 AN ACT to amend and reenact §5B-2-14 of the Code of West Virginia, 1931, as amended, to
2 increase local economic development matching grants.
Be it enacted by the Legislature of West Virginia:
ARTICLE 2. DEPARTMENT OF ECONOMIC DEVELOPMENT.
§5B-2-14. Certified development community program.
1 The certified development community program is continued and is transferred to,
2 incorporated in and administered as a program of the Department of Economic Development. The
3 program shall provide funding assistance to the participating economic development corporations
4 or authorities through a matching grant program. The department shall establish criteria for
5 awarding matching grants to the corporations or authorities within the limits of funds appropriated
6 by the Legislature for the program. The matching grants to eligible corporations or authorities are
7 in the amount of $50,000 for each fiscal year, if sufficient funds are appropriated by the
8 Legislature. The department shall recognize existing county, regional or multicounty corporations
9 or authorities where appropriate.
10 In developing its plan, the department shall consider resources and technical support
11 available through other agencies, both public and private, including, but not limited to, the state
12 college and university systems; the West Virginia Housing Development Fund; the West Virginia
13 Economic Development Authority; the West Virginia Parkways, Economic Development and
14 Tourism Authority; the West Virginia Round Table; the West Virginia Chamber of Commerce;
15 Regional Planning and Development Councils; Regional Partnership for Progress Councils; and
16 state appropriations.
1
Enr HB 5170
The Clerk of the House of Delegates and the Clerk of the Senate hereby certify that the foregoing bill is correctly enrolled.
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Clerk of the House of Delegates
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Clerk of the Senate Originated in the House of Delegates.
In effect ninety days from passage.
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Speaker of the House of Delegates
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President of the Senate __________
The within is ................................................ this the...........................................
Day of ..........................................................................................................., 2024.
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Governor
3
Statutes affected: Introduced Version: 5B-2-14
Enrolled Version: 5B-2-14