Bill Text: WV HB107 | 2024 | 1st Special Session | Introduced
Bill Title: Supplementing and amending appropriations to the Higher Education Policy Commission, Higher Education Policy Commission – Administration – Control Account
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2024-05-21 - On 3rd reading, Special Calendar [HB107 Detail]
Download: West_Virginia-2024-HB107-Introduced.html
WEST virginia legislature
2024 first extraordinary session
Introduced
House Bill 107
By Delegates Hanshaw (Mr. Speaker) and Hornbuckle
(By Request of the Executive)
[Introduced May 19, 2024]
A BILL supplementing and amending the appropriations of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated surplus balance in the State Fund, General Revenue, to the Higher Education Policy Commission, Higher Education Policy Commission – Administration – Control Account, fund 0589, fiscal year 2024, organization 0441, by supplementing and amending the appropriations for the fiscal year ending June 30, 2024, by adding new items of appropriation.
WHEREAS, The Governor submitted the Executive Budget Document to the Legislature on January 10, 2024, containing a statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2023, and further included the estimate of revenue for the fiscal year 2024, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2024, and further included recommended supplemental appropriations from the balance of the State Fund, General Revenue;
WHEREAS, The Governor submitted to the Legislature an Executive Message dated May 19, 2024, which included a revised estimate of revenues for the State Fund, General Revenue, for the fiscal year 2024; and
WHEREAS, It appears from the Executive Budget document, Statement of the State Fund, General Revenue and the Executive message, there remains an unappropriated surplus balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2024; therefore
Be it enacted by the Legislature of West Virginia:
That the total appropriation for the fiscal year ending June 30, 2024, to fund 0589, fiscal year 2024, organization 0441, be supplemented and amended by adding new items of appropriation as follows:
Title II – Appropriations.
Section 1. Appropriations from general revenue.
HIGHER EDUCATION POLICY COMMISSION
105 - Higher Education Policy Commission –
Administration –
Control Account
(W.V. Code Chapter 18B)
Fund 0589 FY 2024 Org 0441
General
Appro- Revenue
priation Fund
6a Higher Education Grant Program – Surplus (R) XXXXX $ 40,000,000
14a Support for Colleges and Universities – Surplus (R) XXXXX 32,000,000
14b College Access Grant – Surplus (R) XXXXX 11,215,351
Any unexpended balance remaining in the appropriation for Higher Education Grant Program – Surplus (fund 0589, appropriation XXXXX), Support for Colleges and Universities – Surplus (fund 0589, appropriation XXXXX), and College Access Grant – Surplus (fund 0589, appropriation XXXXX) at the close of the fiscal year 2024 is hereby reappropriated for expenditure during the fiscal year 2025.
NOTE: The purpose of this supplemental appropriation bill is to add new items of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2024.
