ENROLLED
H. B. 3033
(By Delegates Mezzatesta, Manuel, Williams, Stemple, Davis, Ennis and
Stalnaker)
[Passed March 13, 1999; in effect July 1, 1999.]
AN ACT to amend and reenact section thirteen-b, article nine-a,
chapter eighteen of the code of West Virginia, one thousand
nine hundred thirty-one, as amended, relating to creating a
special revenue fund, designated the legislative reserve
fund; and requiring moneys from decreases in net and
adjusted enrollment be deposited into the fund.
Be it enacted by the Legislature of West Virginia:
That section thirteen-b, article nine-a, chapter eighteen of
the code of West Virginia, one thousand nine hundred thirty-one,
as amended, be amended and reenacted to read as follows:
ARTICLE 9A. PUBLIC SCHOOL SUPPORT.
§18-9A-13b. Allowance for legislative reserve fund, current expense and substitute costs.
Commencing with the school year beginning on the first day
of July, two thousand, funds which accrue from allocations due to
decreases in net and adjusted enrollment from the preceding
school year shall be deposited in a special revenue fund which is hereby created in the state treasury, designated the "legislative
reserve fund." The fund shall be an interest bearing account and
shall be appropriated by the Legislature.