This bill proposes the complete repeal of multiple sections of the Code of West Virginia that pertain to the Department of Economic Development. Specifically, it seeks to eliminate sections 5B-2-1 through 5B-2-21, effectively dissolving the legal framework that establishes and governs the Department.

The intent behind this legislation is to remove the existing structure and regulations associated with the Department of Economic Development, signaling a significant shift in the state's approach to economic development initiatives. By repealing these sections, the bill aims to streamline or potentially replace the current economic development strategies in West Virginia.