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Introduced Version House Bill 3030 History

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H. B. 3030


(By Mr. Speaker, Mr. Kiss, and Delegate Trump)
[By Request of the Executive]
[Introduced March 28, 2001; 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 the thirtieth day of June, two thousand one, in the amount of one million dollars from the bureau of commerce - West Virginia economic development authority - industrial development loans, fund 3148, fiscal year 2001, organization 0307, and making a supplementary appropriation of public moneys out of the treasury from the unappropriated surplus balance for the fiscal year ending the thirtieth day of June, two thousand one, to the bureau of commerce - West Virginia development office, fund 0256, fiscal year 2001, organization 0307.

WHEREAS, The Legislature finds that the account balance in the bureau of commerce - West Virginia economic development authority - industrial development loans, fund 3148, fiscal year 2001, organization 0307, exceeds that which is necessary for the purposes for which the account was established; and
WHEREAS, By the provisions of this legislation there now remains an unappropriated surplus balance in the state treasury which is available for appropriation during the fiscal year ending the thirtieth day of June, two thousand one; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of funds in the bureau of commerce - West Virginia economic development authority - industrial development loans, fund 3148, fiscal year 2001, organization 0307, be decreased by expiring the amount of one million dollars to the unappropriated surplus balance of the state fund, general revenue, and that the total appropriation for fiscal year ending the thirtieth day of June, two thousand one, to the bureau of commerce - West Virginia development office, fund 0256, fiscal year 2001, organization 0307, be supplemented and amended by increasing the total appropriation by one million dollars in the line item as follows:
TITLE II - APPROPRIATIONS.

Section 1. Appropriations from general revenue.

BUREAU OF COMMERCE

80-West Virginia Development Office

(WV Code Chapter 5B)

Fund 0256 FY 2001 Org 0307

General
Act-
Revenue

ivity
Fund

33
Local Economic

34Development Assistance - Surplus351
$1,000,000

Any unexpended balance remaining in the appropriation for local economic development assistance - surplus (fund 0256, activity 351) at the close of the fiscal year 2001 is hereby reappropriated for expenditure during the fiscal year 2002.
The purpose of this bill is to expire the sum of one million dollars from the bureau of commerce - West Virginia economic development authority - industrial development loans, fund 3148, fiscal year 2001, organization 0307, and to supplement the bureau of commerce - West Virginia development office, fund 0256, fiscal year 2001, organization 0307, in the budget act for the fiscal year ending the thirtieth day of June, two thousand one, by adding one million dollars to the existing appropriation for Local Economic Development Assistance.
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