Bill Text: WV HB305 | 2021 | 3rd Special Session | Introduced
Bill Title: Expiring funds to unappropriated surplus balance from Consumer Protection Recovery Fund
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2021-10-20 - On 3rd reading, House Calendar [HB305 Detail]
Download: West_Virginia-2021-HB305-Introduced.html
WEST virginia legislature
2021 third extraordinary session
Introduced
House Bill 305
By Delegates Hanshaw (Mr. Speaker) and Skaff
By Request of the Executive
[Introduced October 11, 2021; Referred to the Committee on Finance]
A BILL expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2022 in the amount of $2,000,000 from the Attorney General, Consumer Protection Recovery Fund, Fund 1509, Fiscal Year 2022, Organization 1500, by supplementing and amending the appropriations for the fiscal year ending June 30, 2022.
WHEREAS, The Governor finds that the account balance in the Attorney General, Consumer Protection Recovery Fund, fund 1509, Fiscal Year 2022, Organization 1500 exceeds that which is necessary for the purposes for which the account was established; and
WHEREAS, The Governor submitted to the Legislature an Executive Message dated June 24, 2021, which included a revised estimate of revenues for the State Fund, General Revenue and a statement of the State Fund, General Revenue for the fiscal year 2021, and further included an estimate of revenues for the fiscal year 2022 less net appropriation balances forwarded and regular appropriations for the fiscal year 2022; and
WHEREAS, It appears from the Executive Message dated June 24, 2021, Statement of the State Fund, General Revenue there remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2022; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of the funds available for expenditure in the fiscal year ending June 30, 2022, in the Attorney General, Consumer Protection Recovery Fund, fund 1509, fiscal year 2022, organization 1500 be decreased by expiring the amount of $2,000,000 to the unappropriated surplus balance of the State Fund, General Revenue, to be available for appropriation during the fiscal year ending June 30, 2022.
NOTE: The purpose of this supplemental appropriation bill is to expire funds from the aforesaid account to the unappropriated surplus balance of the State Fund, General Revenue for expenditure during the fiscal year 2022.
