Creating TEAM-WV

Summary

The bill orders the governor to form a non‑stock, not‑for‑profit corporation named TEAM‑WV, whose purpose is to attract businesses, create and retain jobs, and provide job training in the state. TEAM‑WV will be run by a nine‑member board—including the presidents of West Virginia University and Marshall University and the executive director of the West Virginia Investment Management Board—and a chief executive officer appointed by that board. The legislation sets out governance, audit and dissolution rules for the new entity.

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