This bill amends and reenacts section 64-2-1 of the Code of West Virginia, 1931, to authorize the Department of Administration to promulgate a legislative rule concerning financial services reporting. Specifically, it references a legislative rule that was filed in the State Register on March 11, 2024, which is related to financial services reporting under the authority of 5A-2B-2 of the code.

The primary purpose of this bill is to provide the necessary authorization for the Department of Administration to implement the specified legislative rule, thereby enhancing the regulatory framework for financial services reporting in West Virginia. The bill does not include any deletions or existing legal language that is being modified, as it introduces new provisions to the law.

Statutes affected:
Introduced Version: 64-2-1