This bill proposes an amendment to the Code of West Virginia, specifically section 8-15-8b, to increase the annual expenditure allowance for volunteer and part-volunteer fire companies and departments for educational and training supplies, as well as fire prevention promotional materials. The current limit of $500 will be raised to $5,000 per year, allowing these organizations greater flexibility and resources to enhance their training and outreach efforts.

In addition to the primary change regarding expenditure limits, the bill also includes provisions that ensure volunteer and part-volunteer fire companies maintain separate bank accounts for state funds and prohibits the commingling of these funds with other sources. It allows for the investment of received funds while ensuring that such investments are not used as collateral for loans. The bill emphasizes the importance of record retention, requiring these organizations to keep invoices and payment records for five years, thereby promoting accountability and transparency in the use of state funds.

Statutes affected:
Introduced Version: 8-15-8b