H. B. 2823
(By Delegate Laird and Campbell)
[Introduced January 14, 1998; referred to the
Committee on Finance.]
A BILL to amend article two, chapter five-a of the code of West
Virginia, one thousand nine hundred thirty-one, as amended,
by adding thereto a new section, designated section
nineteen-a, relating to special reports by spending units;
requiring reports to be filed with the secretary of
administration within thirty days of the end of each fiscal
year; providing that reports detail anticipated and
potential matters which may have a substantial and material
impact on future spending obligations in subsequent fiscal
years; and authorizing the secretary of administration to
prescribe forms and propose rules for implementing these
requirements.
Be it enacted by the Legislature of West Virginia:
That article two, chapter five-a of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be
amended by adding thereto a new section, designated section
nineteen-a, to read as follows:
ARTICLE 2. FINANCE DIVISION.
§5A-2-19a. Special reports by spending units; notification of
pending matters having impact on future expenditure requirements.
(a) Every agency of state government shall, within thirty
days following the end of each fiscal year, submit to the
secretary of administration a detailed report and accounting of
all pending actions which may likely have a substantial and
material impact on future spending obligation in subsequent
fiscal years. This reporting requirement shall include all
pending legal actions, unresolved audit findings and any other
actions or matters which may have a substantial and material
impact on future expenditure requirements and obligations by the
state.
(b) All reports required under the provisions of this
section shall be on those forms prescribed by the secretary of
administration for this purpose. Upon receipt thereof, the
secretary shall immediately send copies of all the reports to the
legislative auditor.
(c) The secretary of administration shall propose administrative rules, in accordance with the provisions of
article three-a, chapter twenty-nine-a of this code, that may
be required for the proper implementation of this section. These
rules shall, among other things, provide proper definition to
those pending actions and matters which are considered to be
reportable under the provisions of this section.
NOTE: The purpose of this bill is to provide for special
reporting requirements for agencies of state government to
disclose anticipated or future expenditures or obligations within
thirty days of the end of each fiscal year.
This section is new; therefore, strike-throughs and
underscoring have been omitted.