H. B. 418
(By Mr. Speaker, Mr. Kiss, and Delegate Trump)
[By Request of the Executive]
[Introduced September 8, 2005; referred to the
Committee on Finance.]
A BILL making a supplementary appropriation of public moneys out of
the treasury from the balance of moneys remaining as an
unappropriated balance in the state excess lottery revenue
fund, to the lottery commission - excess lottery revenue fund
surplus, fund 7208, fiscal year 2006, organization 0705, all
supplementing and amending the appropriation for the fiscal
year ending the thirtieth day of June, two thousand six.
WHEREAS, The governor submitted to the Legislature a statement
of the state excess lottery revenue fund, dated the seventh day of
September, two thousand five, setting forth therein the cash
balance as of the first day of July, two thousand five; and further
included the estimate of revenue for the fiscal year two thousand
six, less regular appropriations for the fiscal year two thousand
six; and
WHEREAS, It appears from the governor's statement of the state
excess lottery revenue fund there now remains an unappropriated balance in the state treasury which is available for appropriation
during the fiscal year ending the thirtieth day of June, two
thousand six; therefore
Be it enacted by the Legislature of West Virginia:
That the total appropriation for the fiscal year ending the
thirtieth day of June, two thousand six, to fund 7208, fiscal year
2006, organization 0705, be supplemented and amended to read as
follows:
TITLE II - APPROPRIATIONS.
Sec. 5. Appropriations from state excess lottery revenue fund.
253-Lottery Commission-
Excess Lottery Revenue Fund Surplus
Fund 7208 FY 2006 Org 0705
1Unclassified - Total - Transfer402$12,900,000
2Unclassified - Transfer48234,930,942
The above appropriation for Unclassified-Total-Transfer
(activity 402) shall be transferred to the General Revenue Fund
only after all funding required by chapter twenty-nine, article
twenty-two, section eighteen-a of the code has been satisfied as
determined by the director of the lottery.
From the above appropriation for Unclassified - Transfer, fund
7208 (activity 482), eleven million dollars shall be transferred to
the Consolidated Public Retirement Board - West Virginia Department
of Public Safety Death, Disability and Retirement Fund (Fund 2160),
and twenty-three million nine hundred thirty thousand nine hundred forty-two dollars shall be transferred to the Consolidated Public
Retirement Board - West Virginia Teachers' Retirement System
Employers Accumulation Fund (Fund 2601) only after all other
funding required, including that in the paragraph above has been
satisfied as determined by the director of the lottery.
The purpose of this supplementary appropriation bill is to add
a new item of appropriation in the aforesaid account for the
designated spending unit for expenditure during the fiscal year two
thousand six.