S AGR B ORG2 3-26
Senate Bill No. 662
(By Senators Miller, Williams, Beach, Cann, Carmichael, Cookman, D. Hall, Laird, Nohe, Sypolt and Tucker)
[Originating in the Committee on Agriculture and Rural Development; reported March 26, 2013.]
A BILL to amend and reenact §19-12A-6a of the Code of West Virginia, 1931, as amended, relating to establishing a $4 million cap for collections into the land division special revenue account of the Department of Agriculture.
Be it enacted by the Legislature of West Virginia:
That §19-12A-6a of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 12A. LAND DIVISION.
§19-12A-6a. Special revenue account.
All funds collected by the commission by virtue of this article, whether from the sale of food, the disposition of assets other than land, the lease of land or minerals, or any other source, shall be paid into a special revenue account to be used for the purposes of this article: Provided, That when the aggregate of said funds so collected and deposited in the special revenue account in any fiscal year total $1,500,000 $4,000,000, the commission shall deposit any funds collected in excess thereof in the General Revenue Fund of the state.
Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.