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Bill > SB503


WV SB503

Establishing Library Facilities Improvement Fund


summary

Introduced
03/03/2017
In Committee
03/03/2017
Crossed Over
Passed
Dead
05/23/2017

Introduced Session

2017 Regular Session

Bill Summary

The purpose of this bill is to create a Library Facilities Improvement Fund, to set forth its general structure and provide for rulemaking.

AI Summary

This bill establishes a Library Facilities Improvement Fund in the State Treasury, to be administered by the West Virginia Library Commission. The fund will be used to support public library facilities construction, renovation, maintenance, and improvement projects, which will be evaluated on a competitive basis. The fund will consist of legislative appropriations, external sources, repayment of loans, and investment earnings. The Library Commission can use a portion of the funds to provide loans to public libraries for energy savings and critical maintenance projects, and must propose a rule to implement the program, including a process for submitting and reviewing proposals, evaluation criteria, and other necessary provisions.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

To Finance (on 03/03/2017)

bill text


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