§4-7-5. Funds and expenditures of commission

Published: 2015

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WVC 4-7-5

§4-7-5. Funds and expenditures of commission.

To pay the compensation and expenses incurred by its members,

to build, furnish and equip the state legislative building, and to

carry out the provisions of this article, the commission may expend

any general or special revenues, profits, fees or charges

designated and appropriated by act of the Legislature for such

purposes and proceeds of revenue bonds issued under authority of

the state building commission of West Virginia for such purposes.

Before any such revenue bonds are issued by the state building

commission of West Virginia, the Legislature, by its act, shall

increase the aggregate amount of all issues of bonds outstanding at

one time for all projects authorized under authority of said

commission if such action is necessary to permit issuance of

revenue bonds in the amount required to construct, equip and

furnish the state legislative building. Before any revenue bonds

or other obligations are issued or incurred by the state building

commission of West Virginia for said purpose, the Legislature

shall, by adoption of a concurrent resolution, approve the purpose

and amount of the revenue bonds or obligations. Revenue bonds

issued as herein provided shall be issued in accordance with the

provisions of article six, chapter five of this code.

Note: WV Code updated with legislation passed through the 2015 Regular Session

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.