ENROLLED
H. B. 618
(By Delegates Michael, Doyle, Leach, Mezzatesta,
Warner, Boggs and Stalnaker)
[Passed December 1, 2001; in effect from passage.]
AN ACT expiring funds to a new fund in the department of
administration - board of risk and insurance management -
medical liability fund, fund ____, fiscal year 2002,
organization 0201, for the fiscal year ending the thirtieth
day of June, two thousand two, in the amount of five hundred
thousand dollars from the department of administration - board
of risk and insurance management - premium tax savings fund,
fund 2367, fiscal year 2002, organization 0218.
WHEREAS, The Legislature finds that the account balance in the
board of risk and insurance management - premium tax savings fund,
fund 2367, fiscal year 2002, organization 0218, 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 the funds available for expenditure in the
fiscal year ending the thirtieth day of June, two thousand two, to
the department of administration - board of risk and insurance
management - premium tax savings fund, fund 2367, fiscal year 2002,
organization 0218
, be decreased by expiring the amount of five
hundred thousand dollars to a new fund, department of
administration - board of risk and insurance management - medical
liability fund, fund ____, fiscal year 2002, organization 0201,
during the fiscal year two thousand two.
The purpose of this bill is to expire the sum of five hundred
thousand dollars from the board of risk and insurance management -
premium tax savings fund, fund 2367, fiscal year 2002, organization
0218, to a new fund, in the department of administration - board of
risk and insurance management - medical liability fund, fund ____,
fiscal year 2002, organization 0201, for the fiscal year ending the
thirtieth day of June, two thousand two, to be available for
expenditure during the fiscal year two thousand two.
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