This bill aims to amend and reenact section 64-2-1 of the Code of West Virginia, 1931, to grant the Department of Administration the authority to promulgate a legislative rule concerning financial services reporting. Specifically, it authorizes the legislative rule that was filed in the State Register on March 11, 2024, under the authority of 5A-2B-2 of the code, which pertains to financial services reporting (148 CSR 24).

The bill does not include any deletions from current law, as the section being amended is new. The primary objective is to ensure that the Department of Administration can effectively implement and regulate financial services reporting through the establishment of this legislative rule.

Statutes affected:
Introduced Version: 64-2-1