West Virginia legislation · 2026 Regular Session
West Virginia SB878: Creating Office of Entrepreneurship within Office of Secretary of State
Status: Signed into law, March 25, 2026
What the bill says
An act to amend the Code of West Virginia, 1931, as amended, by adding a new article, designated §5B-2P-1 and §5B-2P-2, relating to creating the Office of Entrepreneurship within the Office of the Secretary of State; providing definitions; establishing office purpose and duties; authorizing state agencies to provide certain information to office; authorizing information to be provided; authorizing information to be disclosed pursuant to a confidential agreement; requiring office to respond to requests from businesses within a certain period of time; requiring submission of an annual report con.
From the enrolled text, March 13, 2026:
AN ACT to amend the Code of West Virginia, 1931, as amended, by adding a new article, designated §5B-2P-1 and §5B-2P-2, relating to creating the Office of Entrepreneurship within the Office of the Secretary of State; providing definitions; establishing office purpose and duties; authorizing state agencies to provide certain information to office; authorizing information to be provided; authorizing information to be disclosed pursuant to a confidential agreement; requiring office to respond to requests from businesses within a certain period of time; requiring submission of an annual report containing certain information to the Joint Standing Committee on Economic Development; creating the West Virginia Office of Entrepreneurship Fund; and authorizing rulemaking. ARTICLE 2P. OFFICE OF ENTREPRENEURSHIP. §5B-2P-1. Definitions; Office of Entrepreneurship; duties; information; response to inquiries; annual report. (a) Definitions: (1) "Business" means any company, cooperative, corporation, partnership, sole proprietorship, or other legal entity organized or operating for pecuniary or nonpecuniary benefit. (2) "Entrepreneur" means an individual who initiates or leads the formation or growth of a business. (3) "Entrepreneurial support organization" means an entity, including public, private, and academic institutions, that is established, in whole or in part, to provide funding, mentorship, programming, resources, support, or training to entrepreneurs, startups, or scale-ups. (4) "Scale-up" means a startup business that has changed scale to achieve more growth, innovation, and drive job creation, …