WV HB2667

Requires approval from both the Legislature and the Governor before the West Virginia Parkways Authority can issue any additional parkway revenue bonds, effective upon passage of the amendment

Mandates removal of all tolls on parkways within six months after all outstanding bond indebtedness or encumbrances are fully paid off

Parkways Authority currently has authority to issue bonds with maturities up to 40 years without consent from other state departments, divisions, or agencies

Bond proceeds are used for parkway projects and by the Division of Highways for construction, maintenance, and repair of public highways and bridges