ENROLLED

Senate Bill No. 413

(By Senator Sharpe)

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[Passed March 9, 2002; in effect ninety days from passage.]

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AN ACT to amend and reenact section ten-d, article three, chapter twelve of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to providing that interest or other return earned be deposited in the special revenue revolving fund.

Be it enacted by the Legislature of West Virginia:
That section ten-d, article three, chapter twelve of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted to read as follows.
ARTICLE 3. APPROPRIATIONS, EXPENDITURE AND DEDUCTIONS.
§12-3-10d. Purchasing card fund created; expenditures.
All money received by the state pursuant to any agreement with vendors providing purchasing charge cards, and any interest or other return earned on the money, shall be deposited in a special revenue revolving fund, designated the "Purchasing Card Administration Fund", in the state treasury to be administered by the auditor. All expenses by the auditor in the implementation and operation of the purchasing card program shall be paid from the fund. Expenditures from the fund shall be made in accordance with appropriations by the Legislature pursuant to the provisions of article three, chapter twelve of this code and upon fulfillment of the provisions of article two, chapter five-a of this code.