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Introduced Version House Bill 2665 History

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

WEST virginia legislature

2019 regular session

 

House Bill 2665

By Delegates Hanshaw (Mr. Speaker) and Miley
[By Request of the Executive]

[Introduced January 25, 2019; Referred
to the Committee on Finance.]

A BILL supplementing and amending by adding a new appropriation of public moneys out of the Treasury in the State Fund, General Revenue, to the Department of Revenue, State Budget Office, Fund 0595, fiscal year 2019, organization 0703, by supplementing and amending the appropriations for the fiscal year ending June 30, 2019.


Whereas, The Governor submitted to the Legislature the Executive Budget document, dated January 9, 2019, which included a Statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2018, and further included a revised estimate of revenues for the fiscal year 2019, less net appropriation balances forwarded and regular appropriations for the fiscal year 2019; and

Whereas, It appears from the Executive Budget document, Statement of the State Fund, General Revenue there remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2019; therefore

Be it enacted by the Legislature of West Virginia:


That the total appropriation for the fiscal year ending June 30, 2019, to Fund 0595, fiscal year 2019, organization 0703, be supplemented and amended by adding a new item of appropriation as follows:

Title II – Appropriations.

                       Section 1. Appropriations from general revenue.      

 DEPARTMENT OF Revenue

76 – State Budget Office

(WV Code Chapter 11B)

Fund 0595 FY 2019 Org 0703

                                                                                                                                               General

                                                                                                            Appro-                       Revenue

                                                                                                           priation                         Fund

 

2a   PEIA Rainy Day Fee.................................................................. 01201          $      105,000,000

            The above appropriation for PEIA Rainy Day Fee (Fund 0595, appropriation 01201) may be allocated and transferred to various General Revenue Funds to be used for payment of the PEIA Rainy Day Fee assessed by the Secretary of Revenue authorized in §5-16-27 and §5-16-28 of the code.  Receiving agencies shall transfer the allocated funds to the PEIA Rainy Day Fund prior to the close of the fiscal year 2019. Any balance remaining in the appropriation after allocation shall be transferred to the PEIA Rainy Day Fund prior to the close of the fiscal year 2019.


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 the fiscal year 2019.

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