Senate Bill No. 566

(By Senators Craigo, Anderson, Bailey, Chafin, Helmick, Jackson, Love, Plymale, Prezioso, Macnaughtan, Sharpe, Walker, Boley, Dugan, McKenzie, Minear and Sprouse)


[Originating in the Committee on Finance;

reported

April 8, 1997.]


A BILL expiring funds to the unappropriated surplus balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-seven, in the amount of five hundred sixty-four thousand nine hundred seventeen dollars from the insurance commission - examination revolving fund, account no. fund 7150.

Whereas, The Legislature finds that the account balance in the insurance commission - examination revolving fund, exceeds that which is necessary for the purposes for which the account was established; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of funds available for expenditure in the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-seven, to the insurance commission - examination revolving fund, account no. fund 7150, be decreased by expiring the amount of five hundred sixty-four thousand nine hundred seventeen dollars to the state fund, general revenue, to be available for further and additional appropriation.
The purpose of this bill is to expire the sum of five hundred sixty-four thousand nine hundred seventeen dollars from the insurance commission - examination revolving fund, account no. fund 7150, to the unappropriated surplus balance in the state fund, general revenue, for the fiscal year ending the thirtieth day of June, one thousand nine hundred ninety-seven, to be available for further and additional appropriation.