(a) In order to implement and administer the program, the Treasurer shall:
(1) Provide support staff and office space for the board;
(2) Establish and monitor, at the direction of the board, the methods and processes by which the funds held in accounts are deposited and distributed;
(3) Charge and collect any necessary administrative fees, penalties, and service charges in connection with any agreement, contract, or transaction relating to the program;
(4) Develop marketing plans and promotional material to ensure that potential program beneficiaries will be aware of the program and the advantages the program offers; and
(5) Present the annual evaluations and reports required by 18-30A-13 of this code at any meeting or proceeding of the Legislature or the Office of the Governor upon request.
(b) In order to implement and administer the program, the Treasurer may:
(1) Collect all necessary information from program account holders and beneficiaries;
(2) Create forms necessary for implementation of the program;
(3) Propose legislative rules for legislative approval, in accordance with the provisions of 29A-3-1 et seq. of this code, that are necessary to effectuate the provisions and purposes of this article; and
(4) Perform all other lawful actions necessary to effectuate the provisions of this article, subject to applicable state and federal law.
Structure West Virginia Code
Article 30A. West Virginia Jumpstart Savings Act
§18-30A-4. West Virginia Jumpstart Savings Program Established
§18-30A-5. The Board of Trustees of the West Virginia College and Jumpstart Savings Programs
§18-30A-6. Powers of the Board to Implement and Administer the Jumpstart Savings Program
§18-30A-7. Powers and Duties of the Treasurer
§18-30A-9. Use of Financial Organizations as Program Depositories and Managers
§18-30A-10. Opening a Jumpstart Savings Account; Deposits
§18-30A-11. Distributions; Qualified Expenses
§18-30A-12. State Tax Benefits Related to a Jumpstart Savings Account
§18-30A-13. Reports and Account; Annual Audit
§18-30A-14. Records; Confidentiality