Signed by Governor Jim Justice, Jr.

Vote Smart's Synopsis:

Vote to amend and pass a bill that specifies and designates the state treasurer as the chairperson of the West Virginia Investment Management Board.

Highlights:

• Specifies that the State Treasurer will be the chairman of the West Virginia Investment Management Board (Sec. 1). 

• Requires the chairman to appoint the chief executive officer of the board subject to board approval (Sec. 1). 

• Specifies that the chief executive officer will serve until appointment of a successor, resignation, or board removal (Sec. 1). 

• authorizes the chairman to appoint a temporary chief executive officer without board approval to fill a vacancy for a period of time (Sec. 1).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that specifies and designates the state treasurer as the chairperson of the West Virginia Investment Management Board.

Highlights:

• Specifies that the State Treasurer will be the chairman of the West Virginia Investment Management Board (Sec. 1). 

• Requires the chairman to appoint the chief executive officer of the board subject to board approval (Sec. 1). 

• Specifies that the chief executive officer will serve until appointment of a successor, resignation, or board removal (Sec. 1). 

• authorizes the chairman to appoint a temporary chief executive officer without board approval to fill a vacancy for a period of time (Sec. 1).

Full Bill Text