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Bill > HB4297
WV HB4297
WV HB4297Relating to authorizing the Municipal Pensions Oversight Board to promulgate a legislative rule relating to exempt purchasing.
summary
Introduced
01/14/2026
01/14/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to authorize the Municipal Pensions Oversight Board to promulgate a legislative rule relating to exempt purchasing.
AI Summary
This bill authorizes the Municipal Pensions Oversight Board, a state agency responsible for overseeing local government pension plans, to officially adopt and implement a legislative rule concerning "exempt purchasing." Exempt purchasing, in this context, refers to a specific process within pension plans that allows certain individuals to purchase service credit for periods of time that might not otherwise be counted towards their retirement benefits, often under specific conditions or exemptions. The bill specifically validates a legislative rule that was previously filed in the State Register on October 9, 2024, and is authorized under a specific section of West Virginia code (§8-22-18a), which deals with the powers of the Municipal Pensions Oversight Board.
Committee Categories
Budget and Finance, Justice
Sponsors (1)
Last Action
To House Judiciary (on 02/06/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4297&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4297%20intr.htm&yr=2026&sesstype=RS&i=4297 |
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