HB2827 H GO AM 2-27

Hatfield 3345

            The Committee on Government Organization moves to amend the bill on page one, beginning on line fifteen, after the enacting clause by striking out the enacting section and the remainder of the bill and inserting in lieu there of the following:

            “That §16-5Q-1 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:

ARTICLE 5Q. THE JAMES "TIGER" MORTON CATASTROPHIC ILLNESS FUND.

§16-5Q-1. Creation of the The James "Tiger" Morton catastrophic illness fund.

            (a) Moneys in the fund created in the State Treasury, designated the "James 'Tiger' Morton Catastrophic Illness Fund" shall be distributed in accordance with the provisions of this article. The purpose of this fund is to provide a source of economic assistance to the citizens of this state facing catastrophic illness. In addition to any funds appropriated by the Legislature, the Tiger Morton Fund may receive donations of cash or property from other sources, including gifts, grants, or donations from any source whatsoever. After appropriation by the Legislature, the catastrophic illness commission may make expenditures from the fund as necessary to accomplish the purposes of this article.

            (b) Beginning July 1, 2015, an individual making a donation of cash or property to the Tiger Morton Fund may deduct the total dollar value of the donation from his or her West Virginia adjusted gross income in accordance with the provisions of article twenty one, chapter eleven of this code.

            (c) Beginning July 1, 2015, a corporation making a donation of cash or property to the Tiger Morton Fund may deduct the total dollar value of the donation from its West Virginia taxable income in accordance with the provisions of article twenty four, chapter eleven of this code.

            (d) The following donation goals shall be met by the Tiger Morton Fund prior to receiving state budget appropriations, Provided, That if the Tiger Morton Fund fails to meet the fund-raising goals set forth in subdivision one, two, three, four, five, or six, the Tiger Morton Fund shall only be eligible to receive appropriations in an amount equal to the percentage of donation goal achieved:

            (1) For Fiscal Year 2017, the total individual and corporate donations received by the Tiger Morton Fund shall equal or exceed the state budget appropriations to the Tiger Morton Fund for Fiscal Year 2016;

            (2) For Fiscal Year 2018, the total individual and corporate donations received by the Tiger Morton Fund shall equal or exceed two times the state budget appropriations to the Tiger Morton Fund for Fiscal Year 2017;

            (3) For Fiscal Year 2019, the total individual and corporate donations received by the Tiger Morton Fund shall equal or exceed three times the state budget appropriations to the Tiger Morton Fund for Fiscal Year 2018;

            (4) For Fiscal Year 2020, the total individual and corporate donations received by the Tiger Morton Fund shall equal or exceed four times the state budget appropriations to the Tiger Morton Fund for Fiscal Year 2019;

            (5) For Fiscal Year 2021, the total individual and corporate donations received by the Tiger Morton Fund shall equal or exceed five times the state budget appropriations to the Tiger Morton Fund for Fiscal Year 2020; and

            (6) For every Fiscal Year after 2021, the total individual and corporate donation received by the Tiger Morton Fund shall equal or exceed five times the state budget appropriations to the Tiger Morton Fund for the previous Fiscal Year.