ENGROSSED
COMMITTEE SUBSTITUTE
FOR
Senate Bill No. 244
(By Senators Wooton, Jackson, Kessler, Chafin, Mitchell, Rowe,
Hunter, Ross and Burnette)
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[Originating in the Committee on the Judiciary;
reported March 2, 2001.]
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A BILL to amend and reenact section nineteen, article eighteen,
chapter forty-seven of the code of West Virginia, one thousand
nine hundred thirty-one, as amended, relating to the antitrust
enforcement fund; and removing the provision that funds in
excess of two hundred fifty thousand dollars shall revert to
the general fund.
Be it enacted by the Legislature of West Virginia:
That section nineteen, article eighteen, chapter forty-seven
of the code of West Virginia, one thousand nine hundred thirty-one,
as amended, be amended and reenacted to read as follows:
ARTICLE 18. ANTITRUST ACT; RESTRAINT OF TRADE.
§47-18-19. Antitrust enforcement fund.
All money received by the state
from July first, one thousand
nine hundred seventy-eight as a result of actions by the attorney
general pursuant to this article or to the federal antitrust laws
shall be placed in a separate fund by the state treasurer, to be
known as the antitrust enforcement fund, and shall be used solely
for the payment of fees, costs, expenses and other matters incurred
by the attorney general in connection with antitrust enforcement
activities and
the first five hundred thousand dollars in the
first two hundred fifty thousand dollars in such the funds shall
not expire at the end of each fiscal year but shall, by operation
of law, be automatically reappropriated from year to year and all
sums in excess of five hundred thousand dollars remaining in the
fund shall expire at the end of each fiscal year and shall revert
to the general revenue fund.
and all sums in excess of two hundred
fifty thousand dollars remaining in such fund shall expire at the
end of each fiscal year and shall revert to the general revenue
fund.
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