WASHINGTON – Gov. Jim Justice has signed a bill making key changes to the West Virginia Consumer Credit Protection Act, and the U.S. Chamber of Commerce is praising the move. Justice signed Senate Bill 563 into law on April 24. Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), said the law will further reduce frivolous lawsuits and improve the business climate in the state of West Virginia.
CHARLESTON -- West Virginia has relied on coal production for years to support communities, but regulations and increased competition have dented that prospect as thousands of jobs have been omitted. However, legislation proposed by U.S. Sen. Shelley Moore Capito, R-W.Va., aims to revive rural economies.