WV lawmakers prepare for North Dakota trip to study the future f - Beckley, Bluefield & Lewisburg News, Weather, Sports

WV lawmakers prepare for North Dakota trip to study the future fund

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Organizers prepare for the 24th annual Chili Night in Uptown Beckley

    Organizers prepare for the 24th annual Chili Night in Uptown Beckley

    Tuesday, September 2 2014 7:34 PM EDT2014-09-02 23:34:46 GMT
    The 24th annual Chili Night in Uptown Beckley is quickly approaching. It's a time for local eateries to cook up their best batch of the hearty meal. The competition involves more than 40 participants, three stages of entertainment, vendors, ride and slide activities for kids and more.
    The 24th annual Chili Night in Uptown Beckley is quickly approaching. It's a time for local eateries to cook up their best batch of the hearty meal. The competition involves more than 40 participants, three stages of entertainment, vendors, ride and slide activities for kids and more.
  • Is the iCloud secure? After a celebrity leak, What You can do to Make sure your Information is Safe

    Is the iCloud secure? After a celebrity leak, What You can do to Make sure your Information is Safe

    Tuesday, September 2 2014 7:33 PM EDT2014-09-02 23:33:47 GMT
    We wanted to know just what you can do to make sure your information isn't leaked. Although there's many benefits to "cloud" services, authorities now caution against keeping your private information online.
    We wanted to know just what you can do to make sure your information isn't leaked. Although there's many benefits to "cloud" services, authorities now caution against keeping your private information online.
  • Soon all police will be wearing body cameras

    Soon all police will be wearing body cameras

    Tuesday, September 2 2014 6:37 PM EDT2014-09-02 22:37:42 GMT
    A nationwide debate is taking place after an unarmed black teenager was shot and killed by a white police officer in Ferguson, Missouri .Ferguson cops were given body cameras by two companies after allegations have been made against protesters, who are outraged by the shooting.Soon police around the country could be wearing body cameras.
    A nationwide debate is taking place after an unarmed black teenager was shot and killed by a white police officer in Ferguson, Missouri .Ferguson cops were given body cameras by two companies after allegations have been made against protesters, who are outraged by the shooting.Soon police around the country could be wearing body cameras.
  • GovernmentGovernmentMore>>

  • National Preparedness Month encourages residents to plan response to weather, other emergencies

    National Preparedness Month encourages residents to plan response to weather, other emergencies

    Tuesday, September 2 2014 10:26 AM EDT2014-09-02 14:26:18 GMT
    National Preparedness Month, celebrated each September, is a nationwide program hosted by the Ready Campaign to encourage households, businesses and communities to prepare and plan for emergencies. 
    The West Virginia Division of Homeland Security and Emergency Management is participating in National Preparedness Month, now in its 11th year. National Preparedness Month, celebrated each September, is a nationwide program hosted by the Ready Campaign to encourage households, businesses and communities to prepare and plan for emergencies. 
  • UPDATE: Two appointments made to commission tasked with studying chemical spill bill

    UPDATE: Two appointments made to commission tasked with studying chemical spill bill

    Tuesday, September 2 2014 9:43 AM EDT2014-09-02 13:43:38 GMT
    Senate Bill 373, a bill drafted in response to the Jan. 9 chemical leak, establishes a commission to do studies and report back to the Legislature. Senate President Jeff Kessler, D-Marshall, made the first appointment to that board on Aug. 29. Kessler appointed Dr. Rahul Gupta, Executive Director of the Kanawha Charleston Health Department.
    Senate Bill 373, a bill drafted in response to the Jan. 9 chemical leak, establishes a commission to do studies and report back to the Legislature. Senate President Jeff Kessler, D-Marshall, made the first appointment to that board on Aug. 29. Kessler appointed Dr. Rahul Gupta, Executive Director of the Kanawha Charleston Health Department.
  • Treating toxic water may cost New Castle, Delaware $1M

    Treating toxic water may cost New Castle, Delaware $1M

    Tuesday, September 2 2014 7:09 AM EDT2014-09-02 11:09:22 GMT
    Officials have focused on the longtime use of fire-fighting foams at the nearby Delaware Air National Guard Base at New Castle Airport. Those foams contain perfluorinated chemicals, or PFCs, which are an emerging health concern for drinking water supplies nationwide.
    Officials have focused on the longtime use of fire-fighting foams at the nearby Delaware Air National Guard Base at New Castle Airport. Those foams contain perfluorinated chemicals, or PFCs, which are an emerging health concern for drinking water supplies nationwide.
CHARLESTON, WV -

Senate President Jeff Kessler, D-Marshall, announced even more support for a future fund in West Virginia.

Representatives from the business, labor and industry communities in West Virginia will accompany lawmakers this week on their trip to North Dakota to learn more about its legacy fund.

A bi-partisan group of 17 lawmakers will leave Aug. 21 after their monthly interim committee meetings in Charleston.

The non-legislative members accompanying lawmakers on the trip will be: Kenny Perdue, from the WV AFL-CIO; Steve Scholotterbeck, Joe Dawley and Greg Hoyer, of EQT Production; Bob Orndorff, of Dominion Energy; Corky DeMarco, of the WV Oil & Natural Gas Association; Ted Boettner, of the WV Center on Budget and Policy; and Rick Wilson, from the WV Economic Justice Project.

"We have a good cross-section of people who represent all aspects of West Virginia making the trip," Kessler said in a news release. "I look forward to talking to legislative leaders and those responsible for implementing the Legacy Fund and learning from their economic development efforts."

North Dakota's Legacy Fund was created in 2011. It is funded by oil and gas revenue, and it reached $1 billion after 20 months.

"The concept of such a future fund holds tremendous potential, as well as other successes that North Dakota has experienced in managing their energy resources," Kessler said. "I am very interested in what the state's experience can teach us."

Kessler has proposed a similar fund for the Mountain State, and has been developing that proposal for the past three years. He has said if the state creates the fund now, it could serve as a permanent endowment to ensure wealth after the natural gas boom is gone.