CHAPTER 5B. ECONOMIC DEVELOPMENT ACT OF 1985.

ARTICLE 2. DEPARTMENT OF ECONOMIC DEVELOPMENT.

§5B-2-3. Powers and duties of the Executive Director.

(a) The Executive Director shall enhance economic growth and development through the development of a comprehensive economic development strategy for West Virginia. "Comprehensive economic development strategy" means a plan that outlines strategies and activities designed to continue, diversify or expand the economic base of the state as a whole; create jobs; develop a highly skilled workforce; facilitate business access to capital, including venture capital; advertise and market the resources offered by the state with respect to the needs of business and industry; facilitate cooperation among local, regional and private economic development enterprises; improve infrastructure on a state, regional and community level; improve the business climate generally; and leverage funding from sources other than the state, including federal and private sources.

(b) The Division of Economic Development shall be exempt from §5A-3-1 et seq. of this code.

Bill History For §5B-2-3

1992 Regular Session
HB4164
1992 Regular Session
HB4164
1992 Regular Session
HB4164
1990 Regular Session
HB4799
1990 Regular Session
HB4799
1990 Regular Session
HB4799
1986 Regular Session
SB403
1986 Regular Session
SB403
1986 Regular Session
SB403
1985 Regular Session
SB196
1985 Regular Session
SB196
1985 Regular Session
SB196