Senate Bill No. 736
(By Senators Helmick, Sharpe, Chafin, Plymale,
Prezioso, Edgell, Love, Bailey, Bowman, McCabe,
Unger, Dempsey, Boley, Minear, Facemyer, Guills and Sprouse)
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[Originating in the Committee on Finance;
reported March 10, 2004.]
A BILL expiring funds to the unappropriated balance in the state
fund, general revenue, for the fiscal year ending the
thirtieth day of June, two thousand five, in the amount of ten
million dollars from the higher education improvement fund,
fund 4297, fiscal year 2003, organization 0441, activity 096
and in the amount of seven million five hundred six thousand
forty-one dollars from the higher education improvement fund,
fund 4297, fiscal year 2002, organization 0441, activity 096.
WHEREAS, The Legislature finds that the account balances in
the higher education improvement fund, fund 4297, fiscal year 2003,
organization 0441, activity 096, and higher education improvement
fund, fund 4297, fiscal year 2002, organization 0441, activity 096,
will exceed that which is necessary for the purposes for which the
accounts were established; therefore
Be it enacted by the Legislature of West Virginia:
That the amount of ten million dollars from the higher education improvement fund, fund 4297, fiscal year 2003,
organization 0441, activity 096, and the amount of seven million
five hundred six thousand forty-one dollars from the higher
education improvement fund, fund 4297, fiscal year 2002,
organization 0441, activity 096, be decreased by expiring the above
amounts to the unappropriated balance of the state fund, general
revenue, to be available for appropriation during the fiscal year
two thousand five.
The purpose of this bill is to expire the sum of ten million
dollars from the higher education improvement fund, fund 4297,
fiscal year 2003, organization 0441, activity 096, and seven
million five hundred six thousand forty-one dollars from the higher
education improvement fund, fund 4297, fiscal year 2002,
organization 0441, activity 096, to the unappropriated balance in
the state fund, general revenue, for the fiscal year ending the
thirtieth day of June, two thousand five, to be available for
appropriation during the fiscal year two thousand five.