WV HB4985 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 9-1)
Status: Introduced on January 22 2024 - 25% progression, died in committee
Action: 2024-02-05 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2024 - 25% progression, died in committee
Action: 2024-02-05 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to authorize victim restitution and creating a restitution assistance fund for victims of securities violations; create the Securities Restitution Assistance Fund; authorize the awarding of restitution in an administrative assessment; provide for the manner and procedures for applications for restitution assistance; provide the manner and procedures for the payment of restitution assistance awards; detail the situations in which restitution is prohibited; provide for subrogation; provide for a lien on recovery and refunds of excessive restitution amounts; provide for the suspension of claims; exempt the restitution awards from attachment or intercept; and authorize the Auditor to promulgate rules regarding the restitution program.
Title
Relating to Securities Restitution Assistance Fund
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-05 | House | To House Finance |
2024-02-05 | House | With amendment, do pass, but first to Finance |
2024-01-22 | House | To House Judiciary |
2024-01-22 | House | Introduced in House |
2024-01-22 | House | To Judiciary then Finance |
2024-01-22 | House | Filed for introduction |
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
32 | 4 | 407A | Amended Code | Citation Text |
32 | 7 | 701 | New Code | See Bill Text |
32 | 7 | 702 | New Code | See Bill Text |
32 | 7 | 703 | New Code | See Bill Text |
32 | 7 | 704 | New Code | See Bill Text |
32 | 7 | 705 | New Code | See Bill Text |
32 | 7 | 706 | New Code | See Bill Text |
32 | 7 | 707 | New Code | See Bill Text |
32 | 7 | 708 | New Code | See Bill Text |
32 | 7 | 709 | New Code | See Bill Text |
32 | 7 | 710 | New Code | See Bill Text |
32 | 7 | 711 | New Code | See Bill Text |