ENROLLED

COMMITTEE SUBSTITUTE

FOR

Senate Bill No. 244

(Senators Wooton, Jackson, Kessler, Chafin, Mitchell, Rowe, Hunter, Ross and Burnette, original sponsors)

____________

[Passed April 14, 2001; to take effect July 1, 2001.]

____________



AN ACT to amend and reenact section nineteen, article eighteen, chapter forty-seven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to the antitrust enforcement fund; and requiring funds in excess of three hundred thousand dollars to revert to the general revenue fund.

Be it enacted by the Legislature of West Virginia:
That section nineteen, article eighteen, chapter forty-seven of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted to read as follows:
ARTICLE 18. ANTITRUST ACT; RESTRAINT OF TRADE.
§47-18-19. Antitrust enforcement fund.
All money received by the state as a result of actions by the attorney general pursuant to this article or to the federal antitrust laws shall be placed in a separate fund by the state treasurer, to be known as the antitrust enforcement fund, and shall be used solely for the payment of fees, costs and expenses incurred by the attorney general in connection with antitrust enforcement activities and the first three hundred thousand dollars in this fund shall not expire at the end of each fiscal year but shall, by operation of law, be automatically reappropriated from year to year and all sums in excess of three hundred thousand dollars remaining in such fund shall expire at the end of each fiscal year and shall revert to the general revenue fund.