sb2028 intr

Senate Bill No. 2028
(By Senators Tomblin, Mr. President, and Sprouse, By Request of the Executive)
_________
[Introduced July 14, 2002; referred to the Committee on Finance.]

A BILL expiring funds to the unappropriated surplus balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, two thousand three, in the amount of eight million three hundred thousand dollars from the revenue shortfall reserve fund, fund 2038, organization 0201, and making a supplementary appropriation of public moneys out of the treasury from the unappropriated surplus balance for the fiscal year ending the thirtieth day of June, two thousand three, to the governor's office - civil contingent fund, fund 0105, fiscal year 2003, organization 0100.

WHEREAS, The Legislature finds that it anticipates that the funds available to assist flood victims and to fund other needed infrastructure and other community development projects throughout the state will fall short of that needed during the fiscal year ending the thirtieth day of June, two thousand three; and

WHEREAS, The revenue shortfall reserve fund has a sufficient balance available for appropriation in the fiscal year ending the thirtieth day of June, two thousand three; therefore
Be it enacted by the Legislature of West Virginia:

That the balance of funds in the revenue shortfall reserve fund, fund 2038, organization 0201, be decreased by expiring the amount of eight million three hundred thousand dollars to the unappropriated surplus balance of the state fund, general revenue, and that the total appropriation for fiscal year ending the thirtieth day of June, two thousand three, to fund 0105, fiscal year 2003, organization 0100, be supplemented and amended by increasing the total appropriation as follows:
TITLE II - APPROPRIATIONS
Section 1. Appropriations from general revenue.
8-Governor's Office-
Civil Contingent Fund
(WV Code Chapter 5)
Fund 0105 FY 2003 Org 0100

General

Act-

Revenue

ivity

Fund
1

Civil Contingent Fund - Total -
1a

Surplus (R)

238

$8,300,000

The purpose of this bill is to expire the sum of eight million three hundred thousand dollars from the revenue shortfall reserve fund, fund 2038, organization 0201, and to supplement the governor's office - civil contingent fund, fund 0105, fiscal year 2003, organization 0100, in the budget act for the fiscal year ending the thirtieth day of June, two thousand three, by adding eight million three hundred thousand dollars to the appropriation for civil contingent fund - total - surplus for expenditure during the fiscal year two thousand three.