Requiring the approval of the Legislature and the Governor before additional bonds may be issued by the Parkways Authority

HB 4431 requires West Virginia's Parkways Authority to obtain approval from both the Legislature and Governor before issuing new bonds for parkway projects. It also mandates that tolls on parkways must be removed six months after the bonds used for construction are fully paid off. The bill restricts bond proceeds to only parkway projects (not economic development or tourism initiatives) and clarifies that bonds can be issued for highways using Appalachian Regional Commission funds. This ensures legislative oversight of bond issuances and creates a clear timeline for toll removal.