This bill proposes significant amendments to the existing West Virginia Advanced Energy and Economic Corridor Authority, renaming it the King Coal Highway Economic Advisory Board. The legislation 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. It aims to assist in the recovery of these regional economies by providing guidance to local governments and businesses, reducing regulatory obstacles, and leveraging natural resources for economic growth.

Additionally, the bill reduces the membership of the advisory board from 15 to 11 members and alters the requirements for board membership. The new structure includes representatives from county commissions and mandates the appointment of members with specific executive experience in industries such as coal mining, oil and gas, and manufacturing. The powers and duties of the advisory board are also updated to focus on creating partnerships, coordinating projects, and seeking grants to enhance economic development along the King Coal Highway. The advisory board is required to submit an annual report detailing its activities and recommendations for legislative actions to support economic growth in the region.

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