Bill Text: WV SB655 | 2024 | Regular Session | Introduced
Bill Title: Supplementing and amending appropriations to Higher Education Policy Commission, Control Account
Spectrum: Bipartisan Bill
Status: (Introduced) 2024-02-05 - To Finance [SB655 Detail]
Download: West_Virginia-2024-SB655-Introduced.html
WEST VIRGINIA LEGISLATURE
2024 REGULAR SESSION
Introduced
Senate Bill 655
By Senators Blair (Mr. President) and Woelfel
[By Request of the Executive]
[Introduced February 5, 2024; referred
to the Committee on Finance]
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.
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 expirations to the unappropriated surplus balance of the State Fund, General Revenue; and
WHEREAS, It appears from the Governor's Statement of the State Fund, General Revenue, there now remains an unappropriated surplus balance in the 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
8a Underwood-Smith Scholarship
8b Program-Student Awards – Surplus 16799 600,000
8c Nursing Scholarships – Surplus XXXXX 400,000
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.
