HB 212 Text

H. B. 212

(By Delegates Michael, Browning, Frederick, Houston, Kominar, Palumbo, Proudfoot, Stalnaker, Williams, Ashley and Border )

(Originating in the Committee on Finance)

[November 12, 2006]

A BILL making a supplementary appropriation 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 Department of Administration - Consolidated Public Retirement Board, fund 0195, fiscal year 2007, organization 0205, by supplementing and amending the appropriations for the fiscal year ending the thirtieth day of June, two thousand seven.

WHEREAS, The Governor submitted to the Legislature a statement of the State Fund, General Revenue, dated the ninth day of November, two thousand six, setting forth therein the cash balance as of the first day of July, two thousand six; and further included the estimate of revenues for the fiscal year two thousand seven, less net appropriation balances forwarded and regular appropriations for fiscal year two thousand seven; and
WHEREAS, It appears from the statement of the State Fund, General Revenue, there now remains an unappropriated surplus balance in the State Treasury which is available for appropriation during the fiscal year ending the thirtieth day of June, two thousand seven; therefore,
Be it enacted by the Legislature of West Virginia:
That the items of the total appropriation from the State Fund, General Revenue, to the Department of Administration -Consolidated Public Retirement Board, fund 0195, fiscal year 2007, organization 0205, be supplemented, increased and amended by adding language and increasing an existing item of appropriation as follows:
TITLE II - APPROPRIATIONS.
Section 1. Appropriations from General Revenue.
DEPARTMENT OF ADMINISTRATION
19-Consolidated Public Retirement Board
(WV Code Chapter 5)
Fund 0195 FY 2007 Org 0205
General
Act-Revenue
ivityFunds
1

Unclassified-Total-Transfer-Surplus682
$80,000,000

The above appropriation for Unclassified-Total-Transfer- Surplus (fund 0195, activity 682) shall be transferred to the Consolidated Public Retirement Board - West Virginia Teachers' Retirement System Employers Accumulation Fund (fund 2601, organization 0205).
The purpose of this bill is to supplement, amend, and increase an item of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year two thousand seven.

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