Bill Text: WV SB2016 | 2021 | 2nd Special Session | Enrolled
Bill Title: Making supplemental appropriation to Rainy Day Fund
Spectrum: Bipartisan Bill
Status: (Passed) 2021-07-13 - Chapter 14, Acts, 2nd Extraordinary Session, 2021 [SB2016 Detail]
Download: West_Virginia-2021-SB2016-Enrolled.html
WEST virginia legislature
2021 second extraordinary session
Enrolled
Senate Bill 2016
By Senators Blair (Mr. President) and Baldwin
(By Request of the Executive)
[Passed June 24, 2021; in effect from passage]
AN ACT making a supplementary appropriation by adding a new item of appropriation and increasing the expenditure of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated balance in the State Fund, General Revenue, to the Department of Revenue, Office of the Secretary, fund 0465, fiscal year 2021, organization 0701, by supplementing and amending the appropriations for the fiscal year ending June 30, 2021.
Whereas, The Governor submitted to the Legislature the Executive Budget Document, dated February 10, 2021, which included a Statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2020, and further included an estimate of revenues for the fiscal year 2021, less net appropriation balances forwarded and regular appropriations for the fiscal year 2021; and
Whereas, The Governor submitted to the Legislature an Executive Message dated June 7, 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
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
Whereas, It appears from the Statement of the State Fund, General Revenue, and Executive messages, there remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2021; therefore
Be it enacted by the Legislature of West Virginia:
That the total appropriation for the fiscal year ending June 30, 2021, to fund 0465, fiscal year 2021, organization 0701, be supplemented and amended by adding a new item of appropriation as follows:
Title II – Appropriations.
Section 1. Appropriations from general revenue.
 department of revenue
73 – Office of the Secretary
 (WV Code Chapter 11B)
Fund 0465 FY 2021 Org 0701
                                                                                                                                              General
                                                                                                           Appro-                     Revenue
                                                                                                          priation                        Fund
5a  Revenue Shortfall Reserve Fund – Transfer.............................. 59000        $      50,000,000
The above appropriation for Revenue Shortfall Reserve Fund - Transfer (fund 0465, appropriation 59000) shall be transferred to the Department of Revenue, Office of the Secretary, Revenue Shortfall Reserve Fund (fund 7005).