ENROLLED


H. B. 105


(By Delegates Michael, Doyle, Leach, Mezzatesta,

Warner and Hall)


[Passed March 16, 2003; in effect from passage.]



AN ACT expiring funds to the unappropriated balance in the state excess lottery revenue fund, for the fiscal year ending the thirtieth day of June, two thousand three, in the amount of seventeen million one hundred thousand dollars from the economic development authority - economic development project fund, fund 3167, fiscal year 2003, organization 0307; and transferring funds in the amount of eight million one hundred thousand dollars to the balance of the revenue shortfall reserve fund, fund 2038, fiscal year 2003, organization 0201.

Whereas, The Legislature finds that the fund balance in the economic development authority - economic development project fund, fund 3167, fiscal year 2003, organization 0307, exceeds that which is necessary for the purposes for which the account was established; therefore
Be it enacted by the Legislature of West Virginia:
That the balance of funds available for expenditure in the fiscal year ending the thirtieth day of June, two thousand three, in the economic development authority - economic development project fund, fund 3167, fiscal year 2003, organization 0307, be decreased by expiring the amount of seventeen million one hundred thousand dollars to the unappropriated balance in the state excess lottery revenue fund.
And, that from the unappropriated balance of the state excess lottery revenue fund, eight million one hundred thousand dollars be transferred to the balance of the revenue shortfall reserve fund, fund 2038, fiscal year 2003, organization 0201.
The purpose of this supplemental appropriation is to expire funds to the unappropriated balance in the state excess lottery revenue fund from the economic development authority - economic development project fund, fund 3167, fiscal year 2003, organization 0307; and to transfer funds to the revenue shortfall reserve fund, fund 2038, fiscal year 2003, organization 0201 from the unappropriated balance in the state excess lottery revenue fund.