Bill Text: WV HB201 | 2016 | 2nd Special Session | Introduced
Bill Title: Supplemental appropriation expiring funds from the aforesaid accounts to the unappropriated surplus balance of the State Fund, General Revenue
Spectrum: Bipartisan Bill
Status: (Passed) 2016-09-20 - Approved by Governor 9/20/16 - Senate Journal [HB201 Detail]
Download: West_Virginia-2016-HB201-Introduced.html
WEST virginia legislature
2016 Second Extraordinary session
Introduced
House Bill 201
By Mr. Speaker (Mr. Armstead)
and Delegate Miley
By Request of the Executive
[Introduced September 18, 2016;
Referred to .]
A BILL expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2017, in the amount of $13,700,000 from the balance of moneys remaining as an unappropriated balance in Lottery Net Profits, in the amount of $7,300,000 from the balance of moneys remaining as an unappropriated balance in the State Excess Lottery Revenue Fund, and in the amount of $55,000,000 from the Department of Revenue, Office of the Secretary – Revenue Shortfall Reserve Fund, fund 7005, fiscal year 2017, organization 0701, and making a supplementary appropriation 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 Governor’s Office – Civil Contingent Fund, fund 0105, fiscal year 2017, organization 0100, by supplementing and amending the appropriation for the fiscal year ending June 30, 2017.
Whereas, The Governor submitted to the Legislature a Statement of the Lottery Fund, dated September 18, 2016, setting forth therein the unappropriated cash balance as of July 1, 2016, and further included the estimate of revenues for the fiscal year 2017, less regular appropriations for fiscal year 2017; and
Whereas, It appears from the Governor’s Statement of the Lottery Fund there now remains an unappropriated balance in the State Treasury, which is available for expiration during the fiscal year ending June 30, 2017; and
Whereas, The Governor submitted to the Legislature a Statement of the State Excess Lottery Revenue Fund, dated September 18, 2016, setting forth therein the cash balance as of July 1, 2016, and further included the estimate of revenue for the fiscal year 2017, less regular appropriations for the fiscal year 2017; and
Whereas, It appears from the Governor’s Statement of the State Excess Lottery Revenue Fund there now remains an unappropriated balance in the State Treasury which is available for expiration during the fiscal year ending June 30, 2017; and
Whereas, The Revenue Shortfall Reserve Fund may be drawn on for natural disasters, including the ongoing State of Emergency and federally-declared flood disaster that commenced on June 23, 2016; and
Whereas, The Governor submitted to the Legislature a statement of the State Fund, General Revenue, dated September 18, 2016, setting forth therein the cash balance as of July 1, 2016, and further included the estimate of revenues for the fiscal year 2017, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2017, and further included recommended expirations to the surplus balance of the State Fund General Revenue; and
Whereas, It appears from the Governor’s Statement of the State Fund, General Revenue, and this legislation, there now remains an unappropriated surplus balance in the Treasury which is available for appropriation during the fiscal year ending June 30, 2017; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of the moneys remaining as an unappropriated balance for the fiscal year ending June 30, 2017, in Lottery Net Profits be decreased by expiring the amount of $13,700,000, that the balance of the moneys remaining as an unappropriated balance for the fiscal year ending June 30, 2017 in the State Excess Lottery Revenue Fund be decreased by expiring the amount of $7,300,000, and that the balance of the moneys available in the fiscal year ending June 30, 2017, in the Department of Revenue, Office of the Secretary – Revenue Shortfall Reserve Fund, fund 7005, fiscal year 2017, organization 0701 be decreased by expiring the amount of $55,000,000, all to the unappropriated surplus balance of the State Fund, General Revenue to be available for appropriation during the fiscal year ending June 30, 2017.
And, that the total appropriation for the fiscal year ending June 30, 2017, to fund 0105, fiscal year 2017, organization 0100, be supplemented and amended by adding a new item of appropriation as follows:
Title II – Appropriations.
Section 1. Appropriations from general revenue.
EXECUTIVE
7 – Governor’s Office –
Civil Contingent Fund
(WV Code Chapter 5)
Fund 0105 FY 2017 Org 0100
General
Appro- Revenue
priation Fund
1 Civil Contingent Fund - Surplus................................................... 26300 $ 85,000,000
Any federal reimbursements received to reimburse disbursements from this appropriation or funds transferred from this appropriation shall be credited back to this appropriation.
NOTE: The purpose of this supplemental appropriation bill is to expire funds from the aforesaid accounts to the unappropriated surplus balance of the State Fund, General Revenue, and to add a new appropriation for expenditure for the fiscal year 2017.