The bill amends the Code of West Virginia to impose strict compliance requirements on the West Virginia Parkways Authority regarding the increase of tolls, rents, fees, or charges associated with parkway and economic development projects. It stipulates that any proposed increase must be preceded by public hearings held in each county affected by the West Virginia Turnpike, with at least 14 days' notice. During these hearings, the Parkways Authority must justify the need for the increase to address operational or maintenance needs. Additionally, the bill mandates that all tolls and fees are subject to full and transparent auditing by the Joint Committee on Government and Finance upon request.

Furthermore, the bill requires that 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, including a 45-day period for citizens to express their opinions on proposals for new projects, and mandates public hearings with at least 20 days' notice before any contracts for economic development or tourism projects can be finalized. The Parkways Authority is also required to make all relevant studies and documents available for public inspection prior to these hearings, ensuring transparency and community involvement in decision-making processes.

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