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Introduced Version Senate Bill 773 History

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Key: Green = existing Code. Red = new code to be enacted

WEST virginia legislature

2025 regular session

Introduced

Senate Bill 773

By Senators Smith (Mr. President) and Woelfel

[By Request of the Executive]

[Introduced March 17, 2025; 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 surplus balance in the State Fund, Lottery Net Profits, by adding a new item of appropriation to the State Board of Education, fund 3951, fiscal year 2025, organization 0402, for the fiscal year ending June 30, 2025.

WHEREAS, The Governor submitted the Executive Budget Document to the Legislature on February 12, 2025, containing a statement of Lottery Net Profits, setting forth therein the cash balance as of July 1, 2024, and further included the estimate of revenue for the fiscal year 2025, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2025; and

WHEREAS, It appears from the Governor’s Statement of Lottery Net Profits, there now remains an unappropriated surplus balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2025; therefore

Be it enacted by the Legislature of West Virginia:

That the total appropriation for the fiscal year ending June 30, 2025, to fund 3951, fiscal year 2025, organization 0402, be supplemented and amended by adding a new item of appropriation as follows:

Title II – Appropriations.

Sec. 4. Appropriations from lottery net profits.

343 - State Board of Education

(W.V. Code Chapters 18 and 18A)

Fund 3951 FY 2025 Org 0402

Appro- Lottery

priation Funds

1a Hope Scholarship Program – Lottery Surplus 30498 33,804,764

NOTE: The purpose of this supplemental appropriation bill is to add a new item of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2025.

 

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