Bill Amendment: WV SB1 | 2022 | Regular Session
Bill Title: Creating Mining Mutual Insurance Company
Status: 2022-04-20 - Chapter 157, Acts, Regular Session, 2022 [SB1 Detail]
Download: West_Virginia-2022-SB1-SB1_HFA_SKAFF_3-9.html
SB1 HFA Skaff 3-9
Altizer – 3259
Delegate Skaff moves to amend SB1 on page 8, line 30, following the period at the end of Section 8, by adding a new subsection (f) that reads as follows:
"(f) As a condition of receiving
state funding as either capital or surplus, the company nor its executive
officers may engage in political activity including campaign contributions or
funding of political related organizations such as state or federal political
action committees and separate segregated funds, nonconnected committees,
hybrid political action committees or leadership political action committees or
similar entities. If the company does engage in political activities all state
monies provided to the company shall be repaid to the state within 365 days."