WEST virginia legislature

2024 first extraordinary session

Enrolled

Senate Bill 1007

By Senators Blair (Mr. President) and Woelfel

[By Request of the Executive]

[Passed May 20, 2024; in effect from passage]

AN ACT supplementing and amending the appropriations of public moneys out of the Treasury from the balance of moneys remaining as an unappropriated surplus balance in the State Fund, General Revenue, to the Higher Education Policy Commission, Higher Education Policy Commission – Administration – Control Account, fund 0589, fiscal year 2024, organization 0441, by supplementing and amending the appropriations for the fiscal year ending June 30, 2024, by adding new items of appropriation.

WHEREAS, The Governor submitted the Executive Budget Document to the Legislature on January 10, 2024, containing a Statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2023, and further included the estimate of revenue for the fiscal year 2024, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2024, and further included recommended supplemental appropriations from the balance of the State Fund, General Revenue; and

WHEREAS, The Governor submitted to the Legislature an Executive Message dated May 19, 2024, which included a revised estimate of revenues for the State Fund, General Revenue, for the fiscal year 2024; and

WHEREAS, It appears from the Executive Budget Document, Statement of the State Fund, General Revenue, and the Executive message, there remains an unappropriated surplus balance in the State 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 0589, fiscal year 2024, organization 0441, be supplemented and amended by adding new items of appropriation as follows:

Title II – Appropriations.

Section 1. Appropriations from general revenue.

HIGHER EDUCATION POLICY COMMISSION

105 - Higher Education Policy Commission –

Administration –

Control Account

(W.V. Code Chapter 18B)

Fund 0589 FY 2024 Org 0441

       General

Appro- Revenue

priation Fund

6a Higher Education Grant Program – Surplus (R) XXXXX 40,000,000

14a Support for Colleges and Universities – Surplus (R) XXXXX 32,000,000

14b College Access Grant – Surplus (R) XXXXX 11,215,351

Any unexpended balance remaining in the appropriation for Higher Education Grant Program – Surplus (fund 0589, appropriation XXXXX), Support for Colleges and Universities – Surplus (fund 0589, appropriation XXXXX), and College Access Grant – Surplus (fund 0589, appropriation XXXXX) at the close of the fiscal year 2024 is hereby reappropriated for expenditure during the fiscal year 2025.