Senate Bill No. 2001
(By Senators Tomblin, Mr. President, and Sprouse,
By Request of the Executive)
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[Introduced June 15, 2004.]
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A BILL to amend the code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §15-2D-7, relating to
creating a special revenue fund in the state treasury
designated the security enforcement fund.
Be it enacted by the Legislature of West Virginia:
That the code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §15-2D-7, to read as
follows:
ARTICLE 2D. DIVISION OF PROTECTIVE SERVICES.
§15-2D-7. Security enforcement fund.
There is hereby created in the state treasury a special
revenue fund designated the "security enforcement fund." The money
of the fund shall be made available for investment under the
provisions of article six, chapter twelve of this code. The fund
shall consist of all gifts, grants, bequests, transfers, appropriations or other donations which may be received from any
governmental entity or unit or any person, firm, foundation,
corporation, association or other entity, and all interest or other
return accruing to the fund.
The money in the fund shall be used for the operation of the
division and for the costs and expenses incurred pursuant to this
article. Any balance including accrued interest in the fund at the
end of any fiscal year shall not revert to the general fund but
shall remain in the fund for those purposes.
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(NOTE: The purpose of this bill is to create a special
revenue account for the Division of Protective Services.
§15-2D-7 is new; therefore, strike-throughs and underscoring
have been omitted.)