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Enrolled Version - Final Version Senate Bill 1014 History

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sb1014 enr
ENROLLED

Senate Bill No. 1014

(By Senators Tomblin (Mr. President) and Caruth,

By Request of the Executive)

___________

[Passed June 2, 2009; in effect from passage.]

___________


AN ACT expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2009, in the amount of $26,500,000 from the Revenue Shortfall Reserve Fund, fund 7005, organization 0701, and making a supplementary appropriation of public moneys out of the Treasury from the unappropriated surplus balance for the fiscal year ending June 30, 2009, to the Governor's office - Civil Contingent Fund, fund 0105, fiscal year 2009, organization 0100.

WHEREAS, The Legislature finds that it anticipates that the funds available to assist flood victims throughout the state will fall short of that needed during the fiscal year ending June 30, 2009; and
WHEREAS, The Revenue Shortfall Reserve Fund has a sufficient balance available for appropriation in the fiscal year ending June 30, 2009; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of funds in the Revenue Shortfall Reserve Fund, fund 7005, organization 0701, be decreased by expiring the amount of $26,500,000 to the unappropriated surplus balance of the State Fund, General Revenue, and that the total appropriation for fiscal year ending June 30, 2009, to fund 0105, fiscal year 2009, organization 0100, be supplemented and amended by increasing the total appropriation as follows:
TITLE II--APPROPRIATIONS.

Section 1. Appropriations from General Revenue.

EXECUTIVE

7-Governor's Office-

Civil Contingent Fund

(WV Code Chapter 5)

Fund 0105 FY 2009 Org 0100

General
Act-Revenue
ivityFund

1aMay 2009 Flood Recovery-Surplus
$26,500,000

The above appropriation for May 2009 Flood Recovery-Surplus (activity ), is to be used exclusively for recovery efforts necessitated by May 2009 flooding. Any federal reimbursements received to remunerate disbursements from this activity or funds transferred from this activity shall be credited back to this activity.
The purpose of this bill is to expire the sum of $26,500,000 from the Revenue Shortfall Reserve Fund, fund 7005, organization 0701, and to supplement the Governor's office - Civil Contingent Fund, fund 0105, fiscal year 2009, organization 0100, in the budget act for the fiscal year ending June 30, 2009, for expenditure during the fiscal year 2009.
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