Morrisey: Tourism Can Help W.Va. Grow
Tourism added $9 billion to West Virginia’s economy last year. And Gov. Patrick Morrisey wants to see that grow.
Continue Reading Take Me to More NewsGov. Jim Justice announced his five appointments to the board of the West Virginia First Foundation.
In a press release, the appointments were listed as:
During the 2023 regular session the West Virginia Legislature passed Senate Bill 674 formally recognizing the West Virginia First Foundation. The foundation is designed to direct the spending of settlement funds from opioid litigation the state has engaged in. It is estimated the settlements could amount to $1 billion over the next 10 to 15 years.
The foundation will handle 72.5 percent of the state’s settlement funds, while 24.5 percent will go to local governments. The remaining three percent will be held by the state in escrow to cover any outstanding attorney’s fees.
The board includes 11 members, six selected by the counties and five appointed by the governor. All six regions elected their representatives in July via a quorum of elected officials from the towns, cities and counties of each region.
Those previously elected members of the board are:
A search for the foundation’s executive director is underway.