WV HB4480 | 2022 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on February 1 2022 - 25% progression, died in committee
Action: 2022-02-07 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to help stabilize funding sources for the WVDEP DAQ. Air quality in West Virginia has improved drastically over the years and is a reason to celebrate. The financial reality from decreased industrial air emissions however, results in a decrease in DAQ’s revenues. Since the Clean Air Act was amended in 1990, industrial air emissions in WV have decreased approximately 80%. Fees for large industrial sources are based on their emissions rates; therefore, revenues have also been decreasing. Currently, the DAQ funds are not invested. This proposal would establish authority for WVDEP to invest DAQ funds.

Tracking Information

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Title

Granting to the West Virginia Department of Environmental Protection Division of Air Quality the authority to invest the money held in certain funds

Sponsors


History

DateChamberAction
2022-02-07HouseTo House Finance
2022-02-07HouseWith amendment, do pass, but first to Finance
2022-02-01HouseTo House Energy and Manufacturing
2022-02-01HouseIntroduced in House
2022-02-01HouseTo Energy and Manufacturing then Finance
2022-02-01HouseFiled for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
2252Amended CodeCitation Text
2254Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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