Latest news with #LarryPack
Yahoo
02-05-2025
- Yahoo
Treasurer Pack brings unclaimed property check to Bridgeport Police Department
BRIDGEPORT, (WBOY) — West Virginia Treasurer Larry Pack stopped in Harrison County on Thursday, where he delivered an unclaimed property check to the Bridgeport Police Department worth $10,812. According to Pack, one of the sections of unclaimed property includes gun auctions that are held by the State Treasurer's Office to help local police departments. 'Basically, get rid of the guns that they have. Sell the guns at auction, so they can get the money back to be able to use for their budget,' said Pack. 'So we go through a real long process with the local police departments after the crime's been adjudicated, after all the case and everything is done.' Pack stated that this process includes checking serial numbers, as well as ensuring that the guns work and that no modifications have been made. There are two on-site auctions that are held each year in Charleston, where federal gun dealers are able to come in and purchase the firearms. According to Pack, the State Treasurer's Office recently began implementing online auctions to expand its reach. 'With the advantage of online auctions is the gun dealers are from a larger part of the country,' he added. 'They don't have to have the [expenses] to come in, so it's all about returning money back to local police departments.' WVDOT website updated with maintenance project info Pack told 12 News that this year, his office is returning about $500,000 to police departments all across the state. The money that was presented to the Bridgeport Police Department on Thursday is from a state auction held on March 27. The March gun auction raised more than $132,000, which was divided up among 18 law enforcement agencies across the state. 'They need the money, their budgets our always stretched,' Pack added. 'So it's a really good thing that we can help them with and we're blessed to be able to do it, and anything we can do to help our local police departments is a good day.' Packed also said that the State Treasurer's Office currently has about $400 million in unclaimed property for the state of West Virginia. This unclaimed property includes funds that belong to businesses, non-profits, and individuals. 'It may be an old savings account you forgot about,' said Pack. 'It's also coupons, it's gift cards, it's insurance policies, it's refunds from hospitals. The money comes to us from a lot of different ways–our job is to find the rightful owners.' This year, Pack stated that his office has already returned about $40 million to West Virginians around the state. He said that even if you think you don't have any, it's important to check the State Treasurer's Office Unclaimed Property website, because he and his wife recently received about $300 from various places due to being CPAs (Certified Public Accountants). Once you go to the website, Pack stated that you can enter your name and home address. After doing that, the State Treasurer's Office will review your form and send something back to you via mail to let you know whether or not you have unclaimed property in the state of West Virginia. 'Just a lot of different ways money can come to you. We wanna get it back to the rightful owners,' Pack added. 'It's a program we worked really really hard on and love to be able to get more folks to do it.' There's no statute of limitation on unclaimed property, according to Pack, so the money just remains in the State Treasurer's Office if it never gets claimed. 'If there's something out there 100 years ago that your great-grandma had…if you can prove ownership, we'll give it to you,' he added. 'It's always good to be in Harrison County, it's great to be able to help Bridgeport Police Department,' Pack said. He also encouraged people to check the WV Treasurer's website for any additional information and resources. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
08-03-2025
- Business
- Yahoo
Manufacturing making gains in West Virginia's eastern panhandle
KEARNEYSVILLE, () — West Virginia's eastern panhandle is experiencing a boom in manufacturing, with Jefferson County being part of the state's fastest-growing region. TeMa Manufacturing is a big reason. Four years ago, the company expanded to the county from its corporate home in Italy, making insulation and drainage systems for residential, commercial and industrial use. 'We had a couple of years struggling a little bit,' said Salvatore Menna, CEO of TeMa North America. 'But now we are on a good track.' US Department of Transportation urges DC to improve road, transit safety When the company first explored a location in the area, Larry Pack was an adviser to Gov. Jim Justice. Now, he is state treasurer. 'It's just really exciting to see the jobs that TeMa has brought to West Virginia,' he said. 'They are an Italian-based company and they are working hard to expand here.' Manufacturing is on the rise in the region, with Clorox, Commercial Metals Corporation, Rockwool Building Insulation and Treplar Packaging all expanding their operations. 'The growth in this eastern panhandle – this is the job-creation center of West Virginia by far,' Pack said. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
12-02-2025
- Politics
- Yahoo
West Virginia Treasurer Pack seeks to establish term limits on some executive offices
CHARLESTON, (WBOY) — State Treasurer Larry Pack has announced his plan to propose an amendment to the West Virginia Legislature that would establish term limits for the secretary of state, attorney general, commissioner of agriculture and state treasurer. According to a release, the resolution seeks to amend Section Four, Article VII of the West Virginia Constitution to prevent any member of the Board of Public Works from serving for more than 12 years, or three terms, in any one office. Treasurer Pack said that establishing term limits on these seats would 'help ensure politicians serve the people rather than themselves' and that it would be the first step to 'restore more power back to the people.' 'Let the people speak': West Virginia organizations oppose possible changes to public hearings Under this amendment, any length of time served in the above-listed offices would constitute one term in that office. However, it would not bar someone from running for a different office once their term limit is up. 'When politicians overstay their welcome, they become stagnant and less likely to adopt new ideas. Term limits give you a shorter amount of time to get things done and encourages politicians to enact bold, transformative policies right out of the gate,' Treasurer Pack said. 'This is not a new concept for West Virginians. We already have term limits for the Governor and our county sheriffs. The people decided long ago we should not concentrate the power of executive offices in one person for too long, and I feel these limits should be extended across all constitutional offices for the same reason.' If the legislature adopts this amendment, West Virginia voters would need to approve it during the 2026 General Election. If approved by the voters, the amendment will apply to anyone in those offices beginning in 2029. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
