This bill amends the Code of West Virginia to facilitate intergovernmental agreements involving the West Virginia Land Stewardship Corporation. Specifically, it allows land reuse jurisdictions to enter into legal agreements with the Corporation, enabling it to function as a land reuse agency within the jurisdiction of local governments. The bill outlines that such agreements must specify the necessary operational details as defined in existing law. Additionally, it clarifies that the Corporation will possess all the powers and prohibitions of a local land reuse agency for the duration of the agreement.

Furthermore, the bill updates the legal language regarding the West Virginia Land Stewardship Corporation, including a change in the reference to the relevant section of the code concerning its economic development purpose. It also introduces a provision that allows the Corporation to enter into agreements with local governments to act as a land reuse agency, thereby expanding its operational scope. The bill emphasizes that the Corporation's activities are for public benefit and outlines its powers, limitations, and responsibilities, including the establishment of a code of ethics and conflict of interest policies for its directors and employees.

Statutes affected:
Introduced Version: 31-18E-4, 31-21-5