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Introduced Version House Bill 4975 History

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Key: Green = existing Code. Red = new code to be enacted

WEST virginia legislature

2020 regular session

Introduced

House Bill 4975

By Delegates Hanshaw (Mr. Speaker) and Miley
[By Request of the Executive]

[Introduced February 28, 2020; Referred to the Committee on Finance]

A BILL supplementing and amending by decreasing an existing item of appropriation and adding a new item of appropriation for expenditure of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated balance in the State Fund, Lottery Net Profits, to the State Department of Education, School Building Authority, fund 3963, fiscal year 2020, organization 0402 by supplementing and amending Chapter 31, Acts of the Legislature, Regular Session, 2019, known as the budget bill for the fiscal year ending June 30, 2020.


Whereas, The Governor submitted to the Legislature the Executive Budget document, dated January 8, 2020, which included a Statement of the State Fund, Lottery Net Profits, setting forth therein the cash balance as of July 1, 2019, less net appropriation balances forwarded and regular and recommended supplemental appropriations for the fiscal year 2020; and


Whereas, It appears from the Statement of the State Fund, Lottery Net Profits and this supplemental appropriation bill, there remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2020; therefore

Be it enacted by the Legislature of West Virginia:


That Chapter 31, Acts of the Legislature, Regular Session, 2019, known as the budget bill, be supplemented and amended by decreasing an existing item of appropriation and adding a new item of appropriation to Title II, section 4 thereof, to read as follows:


Title II – Appropriations.

Sec. 4. Appropriations from lottery net profits.


DEPARTMENT OF EDUCATION

293 – State Department of Education –

School Building Authority –

Debt Service Fund

(WV Code Chapter 18)

Fund 3963 FY 2020 Org 0402


1   Debt Service - Total...............................................................        31000           $              15,320,363

2   Directed Transfer..................................................................        70000                                       100

3   SBA Construction Grants......................................................        24000                             2,679,537

     Total.......................................................................................                             $              18,000,000

            The School Building Authority shall have the authority to transfer between the above appropriations in accordance with W.Va. Code §29-22-18.

            The above appropriation for SBA Construction Grants (fund 3963, appropriation 24000) may be transferred to the Department of Education, State Board of Education, School Construction Fund, fund 3951, organization 0402 to be used for school construction and maintenance projects.

NOTE: The purpose of this supplemental appropriation bill is to supplement, amend, decrease an existing item of appropriation and add a new item of appropriation in the aforesaid account for the designated spending unit for the fiscal year 2020.

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