H. B. 4846


(By Delegates Kiss, Compton, Frederick,

Kelley, Leggett, Wallace and Walters )


(Originating in the House Committee on Finance)


[February 27, 1996]


A BILL expiring funds to the unappropriated balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-six, in the amount of two hundred fifty thousand dollars from the board of investments, investment legal loss account, account fund no. 8563, and the sum of two hundred fifty thousand dollars from the board of investments, securities lending, account fund no. 8565, and making a supplementary appropriation of public moneys out of the treasury from the unappropriated balance for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-six, and from the balance of moneys remaining as an unappropriated balance in the state fund, general revenue, to the governor's office, civil contingent fund, fund no. 0105, fiscal year 1996, organization 0100.

Whereas, The Legislative finds that the account balances in the board of investments, investment legal loss account and board of investments, securities landing, exceed the amount which isnecessary for the purposes for which the accounts were established; and
Whereas, There now remains an unappropriated balance in the state treasury which is available for appropriation during the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-six; therefore,
Be it enacted by the Legislature of West Virginia:
That the balance of funds available for expenditure in the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-six, to the board of investments, investment legal loss account, account fund no. 8563, be decreased by expiring the amount of two hundred fifty thousand dollars to the state fund, general revenue, and that the board of investments, securities lending, account fund no. 8565, be decreased by expiring the amount of two hundred fifty thousand dollars to the state fund, general revenue, that the civil contingent fund, account fund no. 0105, fiscal year 1996, organization 0100, be supplemented and amended by increasing the total appropriation by one million seven hundred fifty thousand dollars as follows:
TITLE II--APPROPRIATIONS.

Sec. 1. Appropriations from general revenue.

8--Governor's Office--

(WV Code Chapter 5)

Account No.

Fund 0105 FY 1996 Org 0100

General
Act- Revenue

ivity Fund
1 Civil Contingent Fund--Total . . . . 114 $1,750,000
The purpose of this bill is to expire the sum of two hundred fifty thousand dollars from the board of investments, investment legal loss account, account fund no. 8563, and to expire the sum of two hundred fifty thousand dollars from the board of investments, securities lending, fund no. 8565, and to make a supplementary appropriation of public moneys out of the treasury from the balance of moneys remaining as an unappropriated balance in the state fund, general revenue, and to supplement the governor's office, civil contingent fund, fund no.0105, fiscal year 1996, organization 0100, by adding thereto the one million seven hundred fifty thousand dollars.