ENROLLED
H. B. 224
(By Mr. Speaker, Mr. Kiss, and Delegate Trump)
[By Request of the Executive]
[Passed June 14, 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
nineteen million dollars from the economic development
authority - economic development project fund, fund 3167,
fiscal year 2003, organization 0307; and transferring funds
not to exceed the amount of four million dollars to the
balance of the workers' compensation fund, fund 3440, fiscal
year 2003, organization 0322.
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 chapter five, acts of the Legislature, first extraordinary session, two thousand three, known as House Bill 105,
be supplemented and amended to read as follows:
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 nineteen million 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, an amount not to exceed four million dollars
as determined by the director of the lottery commission, be
transferred to the balance of the workers' compensation fund, fund
3440, fiscal year 2003, organization 0322.
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 workers' compensation fund, fund
3440, fiscal year 2003, organization 0322 from the unappropriated
balance in the state excess lottery revenue fund.
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