H. B. 303


(By Mr. Speaker, Mr. Kiss, and Delegate Trump)

[By Request of the Executive]

[Introduced June 10, 2001.]





A BILL making 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, to the higher education policy commission - funding priorities - control account, fund 0591, fiscal year 2002, organization 0477, all supplementing and amending the appropriation for the fiscal year ending the thirtieth day of June, two thousand two.

WHEREAS, The governor submitted to the Legislature a statement of the state fund, general revenue, dated June 10, 2001, setting forth therein the cash balance as of July 1, 2000, and further included the estimate of revenues for the fiscal year 2001, less net appropriation balances forwarded and regular appropriations for the fiscal year 2001; and further included the estimate of revenues for the fiscal year 2002, less net appropriation balances forwarded and regular appropriations for fiscal year 2002; and
WHEREAS, It appears from the governor's statement there now remains an unappropriated balance which is available for appropriation during the fiscal year ending the thirtieth day of June, two thousand two; therefore
Be it enacted by the Legislature of West Virginia:
That the total appropriation for the fiscal year ending the thirtieth day of June, two thousand two, to fund 0591, fiscal year 2002, organization 0477, be supplemented and amended to hereafter read as follows:
TITLE II - APPROPRIATIONS.

Section 1. Appropriations from general revenue.

HIGHER EDUCATION POLICY COMMISSION

94-Higher Education Policy Commission-

Funding Priorities

Control Account

(WV Code Chapter 18B)

Fund 0591 FY 2002 Org 0477

General
Act-Revenue
ivityFunds
1
Peer Equity and Sustained

2
Quality Support489
$9,200,000

3
Independently Accredited Community and

4
Technical College Development491
2,000,000

5
Research Challenge502
1,000,000


6
Total
$12,200,000

The West Virginia Legislature reaffirms its commitment to the spirit, intent, and goals of the Compact with Higher Education as outlined in Senate Bill 653, as passed during the 2000 Regular Session. The Legislature recognizes the continued need to provide improved access to postsecondary education for all of West Virginia's citizens in order to diversify and expand the economy of the State, and increase the competitiveness of the workforce.
The above appropriation for research challenge shall only be expended to match corporate, foundation, or public participation in research projects.
The above appropriation shall be allocated only to the State's post-secondary institutions with compacts approved by the Higher Education Policy Commission, as stated in §18B-1A-5.
The purpose of this supplementary appropriation bill is to supplement this account in the budget act for the fiscal year ending the thirtieth day of June, two thousand two, by increasing the existing item of appropriation for peer equity and sustained quality support by two million two hundred thousand dollars; by increasing the existing item of appropriation for independently accredited community and technical college development by one million dollars; and by adding one million dollars to a new item of appropriation for research challenge, for expenditure during the fiscal year two thousand two.