ENGROSSED
Senate Bill No. 704
(By Senators Craigo, Sharpe, Jackson, Prezioso, Plymale,
Love, Helmick, Bowman, Anderson, Edgell, Unger,
Boley, Minear and Sprouse)
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[Originating in the Committee on Finance;
reported February 20, 2002.]
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A BILL expiring funds to the unappropriated balance in the state
fund, general revenue, for the fiscal year ending the
thirtieth day of June, two thousand three, in the amount of
seven hundred fifty thousand dollars from the insurance
commissioner-insurance commission fund, fund 7152, fiscal year
2003, organization 0704.
WHEREAS, The Legislature finds that the account balance in the
insurance commissioner-insurance commission fund, fund 7152, fiscal
year 2003, organization 0704, will exceed that which is necessary
for the purposes for which the account was established; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of the funds available for expenditure in the
fiscal year ending the thirtieth day of June, two thousand three,
to the insurance commissioner-insurance commission fund, fund 7152,
fiscal year 2003, organization 0704, be decreased by expiring the
amount of seven hundred fifty thousand dollars to the unappropriated balance of the state fund, general revenue, to be
available for appropriation during fiscal year two thousand three.
The purpose of this bill is to expire the sum of seven hundred
fifty thousand dollars from the insurance commissioner-insurance
commission fund, fund 7152, fiscal year 2003, organization 0704, to
the unappropriated balance in the state fund, general revenue, for
the fiscal year ending the thirtieth day of June, two thousand
three, to be available for appropriation during fiscal year two
thousand three.