Senate Bill No. 714
(By Senators Helmick, Sharpe, Chafin, Plymale, Prezioso, Edgell,
Love, Bailey, Bowman, McCabe, Unger, Dempsey, Boley, Minear,
Facemyer, Guills and Sprouse)
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[Originating in the Committee on Finance;
reported February 26, 2004.]
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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 five, in the amount of
five hundred thousand dollars from the insurance commissioner
- insurance commission fund, fund 7152, fiscal year 2005,
organization 0704.
WHEREAS, The Legislature finds that the account balance in the
insurance commissioner - insurance commission fund, fund 7152,
fiscal year 2005, 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 five, to
the insurance commissioner - insurance commission fund, fund 7152,
fiscal year 2005, organization 0704, be decreased by expiring the amount of five hundred thousand dollars to the unappropriated
balance of the state fund, general revenue, to be available for
appropriation during fiscal year two thousand five.
The purpose of this bill is to expire the sum of five hundred
thousand dollars from the insurance commissioner - insurance
commission fund, fund 7152, fiscal year 2005, organization 0704, to
the unappropriated balance in the state fund, general revenue, for
the fiscal year ending the thirtieth day of June, two thousand
five, to be available for appropriation during fiscal year two
thousand five.