The bill introduced on March 6, 2025, aims to amend the Code of West Virginia by adding a new section, 5-1A-6, which prohibits the use of taxpayer funds to subsidize private enterprises. The bill defines "private enterprise" as any business or industry managed by independent companies or private individuals, rather than by the state.

Key provisions of the bill include a mandate that state funds originating from taxpayers will cease to subsidize any current private enterprise effective July 1, 2025. Additionally, it establishes that state funds may not be used to subsidize any private enterprise in the future, reinforcing the intent to discontinue the practice of using taxpayer money for such purposes.

Statutes affected:
Introduced Version: 5-1A-6