The proposed bill aims to establish the West Virginia Coal Marketing Program, which will be administered by the Governor. The program's primary purpose is to protect and expand the state's coal markets and facilities while addressing the impacts that changes in the coal market have on local communities. The bill outlines that funds appropriated for the program can only be used for projects that provide public benefits related to these goals, and it mandates that the Attorney General must certify the legality of any transactions before funds can be allocated. Additionally, the Governor is required to report annually to the Joint Committee on Government and Finance regarding the projects funded through this program.

To support the program, the bill appropriates $1 million from the general fund specifically for the West Virginia Coal Marketing Program account, which is to be used solely for the program's purposes. The Governor is also granted the authority to create necessary rules for the program's implementation. The bill stipulates that it will take effect 90 days after its passage, ensuring a structured approach to managing and promoting West Virginia's coal industry.

Statutes affected:
Introduced Version: 22-37-1, 22-37-2, 22-37-3, 22-37-4