West Virginia 2024 Regular Session

West Virginia House Bill HCR80

Introduced
2/12/24  

Caption

Twin Branch Motorsports Complex Resolution

Impact

The resolution is expected to have notable implications for state laws concerning economic development and property management. By forgiving the lien and facilitating the transfer of the property back to the Mingo County Commission, the state would enable further efforts to operate the facility effectively, which could revitalize local businesses and attract visitors. This legislative action could serve as a precedent for future interventions in similar circumstances involving state liens or redevelopment initiatives.

Summary

HCR80 is a resolution from the West Virginia Legislature that requests Governor Justice to intervene on behalf of the Mingo County Redevelopment Authority (MCRA) to alleviate a $1,000,000 lien against the Twin Branch Motorsports Complex. This lien has become a significant barrier to selling the property for operational purposes, with the MCRA expressing its inability to bring the facility into an operable state. The resolution highlights the historical context and community support for the motorsports complex as a catalyst for local economic growth and recreational opportunities.

Sentiment

The sentiment surrounding HCR80 appears to be favorable, particularly among local stakeholders who have invested in the surrounding businesses in anticipation of the complex opening. Community members have long advocated for the establishment of a motorsports facility, and the resolution reflects a commitment to fulfilling those aspirations. However, the discussions also encompass concerns over previous financial mismanagement that may have hindered effective development of the site.

Contention

Notable points of contention in the conversations around HCR80 include the financial accountability of the MCRA, as concerns were raised about the use of taxpayer funds and adherence to site improvement obligations. The resolution presents a critical juncture for local leadership, balancing the need for business support against ensuring that community resources are managed responsibly. The overarching debate centers on how to leverage state support to foster economic development while maintaining transparency and accountability.

Companion Bills

No companion bills found.

Previously Filed As

WV SB236

Motorsports Responsibility Act

WV SB690

Allocating funds to WV Motorsports Committee

WV HB2569

Establishing the Motorsport Responsibility Act

WV SR39

Recognizing February 24, 2023, as WV Motorsports Day at Legislature

WV HCR59

Requesting a study to establish a motorsport events welcome center and implement a program to promote motorsport events in West Virginia

WV HB2024

Budget Bill, making appropriations of public money out of the treasury in accordance with section fifty-one, article six of the Constitution

WV HB3340

To revise the West Virginia Tax Increment Financing Act

WV HB3168

Ensuring investment in WV Tourism is competitive with other states and accessible long term

WV HB3031

Eliminating West Virginia Greyhound Breeding Development Fund

WV SB150

Budget Bill

Similar Bills

IA HF2246

A bill for an act relating to the creation of land redevelopment trusts.

IA SF182

A bill for an act relating to the creation of land redevelopment trusts.(Formerly SF 10.)

IA HSB124

A bill for an act relating to the creation of land redevelopment trusts.(See HF 665.)

IA SF655

A bill for an act relating to the creation of land redevelopment trusts.(Formerly SF 45.)

IA HF1008

A bill for an act relating to the creation of land redevelopment trusts. (Formerly HF 28.)

IA SF10

A bill for an act relating to the creation of land redevelopment trusts.(See SF 182.)

IA SF45

A bill for an act relating to the creation of land redevelopment trusts.(See SF 655.)

IA HF28

A bill for an act relating to the creation of land redevelopment trusts.(See HF 1008.)