This bill proposes amendments to the Code of West Virginia, specifically renaming the West Virginia Advanced Energy and Economic Corridor Authority to the King Coal Highway Economic Advisory Board. It modifies the legislative findings to emphasize the economic damages faced by counties along the King Coal Highway due to harmful federal environmental policies affecting the coal industry. The bill also reduces the membership of the advisory board from 15 to 11 members and alters the requirements for these members, ensuring representation from various sectors, including coal, oil and gas, electrical utilities, and manufacturing.

Additionally, the bill outlines the powers and duties of the newly formed advisory board, which include setting tactical goals for economic development, fostering partnerships, and seeking guidance for local governments on economic initiatives. The advisory board is tasked with reporting its activities annually to the Joint Committee on Government and Finance, detailing its projects and any legislative recommendations necessary to enhance economic development along the King Coal Highway. Overall, the bill aims to facilitate economic recovery and growth in the affected regions by leveraging local resources and expertise.

Statutes affected:
Introduced Version: 5B-11-1, 5B-11-2, 5B-11-3, 5B-11-4