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WV HB4430
Bill
Status
1/16/2026
Primary Sponsor
Marty Gearheart
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AI Summary
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Terminates the West Virginia Parkways Authority's power to issue parkway revenue bonds, parkway revenue refunding bonds, and special obligation bonds after July 1, 2026
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Prohibits issuance of any new bonds for parkway projects or expansions/material alterations to existing parkway projects after the termination date
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Existing bonds and refunding bonds remain valid, but refunding bonds cannot extend maturity dates or exceed outstanding principal of the bonds being refunded
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Amends three sections of West Virginia Code (§17-16A-10, §17-16A-21, and §17-16A-25) to add identical termination language
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Introduced January 16, 2026 and referred to the Committee on Energy and Public Works, then Finance
Legislative Description
Eliminating the authority of the West Virginia Parkways Authority to issue further parkway revenue, parkway revenue refunding, or special obligation bonds after July 1, 2025
Roads and Transportation
Last Action
Markup Discussion
1/30/2026