WEST virginia legislature

2021 second extraordinary session

Introduced

Senate Bill 2016

By Senators Blair (Mr. President) and Baldwin
(By Request of the Executive)

[Introduced June 24, 2021]

A BILL making a supplementary appropriation by adding a new item of appropriation and increasing the expenditure of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated balance in the State Fund, General Revenue, to the Department of Revenue, Office of the Secretary, fund 0465, fiscal year 2021, organization 0701, by supplementing and amending the appropriations for the fiscal year ending June 30, 2021.

Whereas, The Governor submitted to the Legislature the Executive Budget Document, dated February 10, 2021, which included a Statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2020, and further included an estimate of revenues for the fiscal year 2021, less net appropriation balances forwarded and regular appropriations for the fiscal year 2021; and

Whereas, The Governor submitted to the Legislature an Executive Message dated June 7, 2021, which included a revised estimate of revenues for the State Fund, General Revenue, and a Statement of the State Fund, General Revenue, for the fiscal year 2021; and

Whereas, The Governor submitted to the Legislature an Executive Message dated June 24, 2021, which included a revised estimate of revenues for the State Fund, General Revenue, and a Statement of the State Fund, General Revenue, for the fiscal year 2021; and

Whereas, It appears from the Statement of the State Fund, General Revenue, and Executive messages, there remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2021; therefore

Be it enacted by the Legislature of West Virginia:

That the total appropriation for the fiscal year ending June 30, 2021, to fund 0465, fiscal year 2021, organization 0701, be supplemented and amended by adding a new item of appropriation as follows:

Title II – Appropriations.

Section 1. Appropriations from general revenue.

 department of revenue

73 – Office of the Secretary

 (WV Code Chapter 11B)

Fund 0465 FY 2021 Org 0701

                                                                                                                                                                                                                     General

                                                                                                     Appro-                                                                                                  Revenue

                                                                                                    priation                                                                                                        Fund

5a   Revenue Shortfall Reserve Fund – Transfer......................        59000................................................................................. $       50,000,000

The above appropriation for Revenue Shortfall Reserve Fund - Transfer (fund 0465, appropriation 59000) shall be transferred to the Department of Revenue, Office of the Secretary, Revenue Shortfall Reserve Fund (fund 7005).

NOTE: The purpose of this supplemental appropriation bill is to add a new item of appropriation in the aforesaid account from the State Fund, General Revenue, for the fiscal year 2021.