WEST virginia legislature

2023 first extraordinary session

Introduced

House Bill 102

By Delegates Hanshaw (Mr. Speaker) and Skaff

[By Request of the Executive]

[Introduced August 06, 2023; Referred to the Committee on Finance]

A BILL supplementing and amending the appropriations of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated balance in the State Fund, General Revenue, by adding a new item of appropriation and increasing the expenditure of public moneys to the Department of Revenue, Office of the Secretary, fund 0465, fiscal year 2024, organization 0701, by supplementing and amending the appropriations for the fiscal year ending June 30, 2024.

WHEREAS, The Governor submitted to the Legislature the Executive Budget Document dated January 11, 2023, which included a statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2022, and further included an estimate of revenues for the fiscal years 2023 and 2024, less net appropriation balances forwarded for fiscal year 2023 and regular and surplus appropriations appropriated and recommended for the fiscal years 2023 and 2024: and

WHEREAS, The Governor submitted to the Legislature an Executive Message, dated August 6, 2023, which included an updated Statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2023 and further included a revised estimate of revenues for the fiscal year 2024, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2024; and

WHEREAS, It appears from the Executive Message dated August 6, 2023, Statement of the State Fund, General Revenue, there now remains an unappropriated balance in the Treasury which is available for appropriation during the fiscal year ending June 30, 2024; therefore

Be it enacted by the Legislature of West Virginia:

That the total appropriation for the fiscal year ending June 30, 2024, to fund 0465, fiscal year 2024, 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

83 – Office of the Secretary

 (WV Code Chapter 11)

Fund 0465 FY 2024 Org 0701

General

Appro- Revenue

priation Fund

8a Revenue Shortfall Reserve Fund – Transfer 59000 $ 12,462,568

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 2024.