Bill Text: WV SB848 | 2024 | Regular Session | Comm Sub
Bill Title: Creating special revenue account within Department of Health
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed) 2024-02-27 - To House Finance [SB848 Detail]
Download: West_Virginia-2024-SB848-Comm_Sub.html
WEST virginia legislature
2024 regular session
Committee Substitute
for
Senate Bill 848
By Senator Tarr
[Originating in the Committee on Finance; reported February 23,2024]
A BILL to amend and reenact the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated, §16-1-22d, relating to creating a special revenue account within the State Treasury; placing special revenue account designated the Office of the Inspector General Reimbursement Fund within Department of Health; providing for the purpose of the account; and designating revenue sources for the account.
Be it enacted by the Legislature of West Virginia:
ARTICLE 1. STATE PUBLIC HEALTH SYSTEM.
§16-1-22d. Special revenue account within the State Treasury for Inspector General reimbursement.
(a) There is created within the State Treasury a special revenue account, designated the Office of the Inspector General Reimbursement Fund to be administered by the Secretary of the Department of Health for the purposes set forth in this article.
(b) This special revenue account shall consist of all moneys made available for the purposes of this article from any source, including, but not limited to:
(1) Any moneys that may be appropriated and designated for those purposes by the Legislature;
(2) All interest or other return earned or received from investment of this fund;
(3) Any moneys which this special revenue account is authorized to receive under any provision of this code for the purposes of this article; and
(4) All gifts, grants, bequests or transfers made to this special revenue account from any source.
(c) Any balance, including accrued interest and other returns, remaining in this special revenue account at the end of each fiscal year may not revert to the General Revenue Fund but shall remain in the special revenue account and be expended as provided by this article. The funds contained in the special revenue account shall be available for appropriation by the Legislature.
(d) The purpose of this special revenue account is to allow the Department of Human Services to reimburse the Department of Health for eligible costs attributed to the Office of the Inspector General.
