Senate Bill No. 713
(By Senators Helmick, Sharpe, Chafin, Plymale, Prezioso, Edgell,
Love, Bailey, Bowman, McCabe, Unger, Dempsey, Boley, Minear,
Facemyer, Guills and Sprouse)
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[Originating in the Committee on Finance;
reported February 26, 2004.]
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A BILL expiring funds to the unappropriated balance in the state
fund, general revenue, for the fiscal year ending the
thirtieth day of June, two thousand five, in the amount of two
million five hundred thousand dollars from the board of risk
and insurance management - premium tax savings fund, fund
2367, fiscal year 2005, organization 0218.
WHEREAS, The Legislature finds that the account balance in the
board of risk and insurance management - premium tax savings fund,
fund 2367, fiscal year 2005, organization 0218, will exceed that
which is necessary for the purposes for which the account was
established; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of the funds available for expenditure in the
fiscal year ending the thirtieth day of June, two thousand five, to
the board of risk and insurance management - premium tax savings
fund, fund 2367, fiscal year 2005, organization 0218, be decreased by expiring the amount of two million five hundred thousand dollars
to the unappropriated balance of the state fund, general revenue,
to be available for appropriation during fiscal year two thousand
five.
The purpose of this bill is to expire the sum of two million
five hundred thousand dollars from the board of risk and insurance
management - premium tax savings fund, fund 2367, fiscal year 2005,
organization 0218, to the unappropriated balance in the state fund,
general revenue, for the fiscal year ending the thirtieth day of
June, two thousand five, to be available for appropriation during
fiscal year two thousand five.