H. B. 4348


(By Delegates Michael, Boggs, Warner, Border,

R. M. Thompson, H. White and Proudfoot)


(Originating in the Committee on Finance)


[February 6, 2004]


A BILL expiring funds to the treasurer's office - banking services fund 1322, fiscal year 2004, organization 1300, for the fiscal year ending June 30, 2004, in the amount of $4,400,000 from the treasurer's office - unclaimed property trust fund, fund 1342, fiscal year 2004, organization 1300.

WHEREAS, The Legislature finds that the account balance in the treasurer's office - unclaimed property trust fund, fund 1342, fiscal year 2004, organization 1300, exceeds 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 four, to the treasurer's office - unclaimed property trust fund, fund 1342, fiscal year 2004, organization 1300, be decreased by expiring the amount of $4,400,000 to the balance of the state treasurer - banking services fund, fund 1322, fiscal year 2004, organization 1300, during the fiscal year two thousand four.
The purpose of this bill is to expire the sum of $4,400,000 from the state treasurer - unclaimed property trust fund, fund 1342, fiscal year 2004, organization 1300, to the balance of the state treasurer - banking services fund, fund 1322, fiscal year 2004, organization 1300, for the fiscal year ending the thirtieth day of June, two thousand four, to be available for expenditure during the fiscal year two thousand four.