The bill amends West Virginia Code §17-16A-13 to impose strict compliance requirements on the West Virginia Parkways Authority regarding the increase of tolls, rents, fees, or charges. It stipulates that any proposed increase must be preceded by public hearings held in each county traversed by the West Virginia Turnpike, with at least 14 days' notice. During these hearings, the Parkways Authority must justify the necessity of the increase to address operational or maintenance needs. Additionally, the bill mandates that all tolls, rents, fees, and charges, as well as any increases, are subject to full and transparent auditing by the Joint Committee on Government and Finance upon request.

Furthermore, the bill requires that all contracts related to the operation and maintenance of facilities along the West Virginia Turnpike be renewed on a competitive bid basis. It establishes a process for public engagement regarding proposals for economic development or tourism projects, including a 45-day period for citizens to express their opinions and a public hearing with a 20-day notice before any contracts can be finalized. The Parkways Authority is also required to make all relevant studies and documents available for public inspection, ensuring transparency in decision-making processes related to these projects.

Statutes affected:
Introduced Version: 17-16A-13
Engrossed Version: 17-16A-13