WEST virginia legislature
2024 regular session
Introduced
House Bill 5465
By Delegates Hanshaw (Mr. Speaker) and Hornbuckle
[By Request of the Executive]
[Introduced February 05, 2024; Referred to the Committee on Finance]
A BILL supplementing and amending the appropriations 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 Commerce, Office of the Secretary, fund 0606, fiscal year 2024, organization 0327, by supplementing and amending the appropriations for the fiscal year ending June 30, 2024, by adding a new item of appropriation.
WHEREAS, The Governor submitted the Executive Budget Document to the Legislature on January 10, 2024, containing a statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2023, and further included the estimate of revenue for the fiscal year 2024, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2024, and further included recommended expirations to the unappropriated surplus balance of the State Fund, General Revenue; and
WHEREAS, It appears from the Governor’s Statement of the State Fund, General Revenue, there now remains an unappropriated surplus balance in the Treasury which is available for appropriation during the fiscal year ending June 30, 2024; therefore
Be it enacted by the Legislature of West Virginia:
That Chapter 8, Acts of the Legislature, Regular Session, 2023, known as the budget bill, to fund 0606, fiscal year 2024, organization 0327, be supplemented and amended to read as follows:
DEPARTMENT OF COMMERCE
39 - Department of Commerce –
Office of the Secretary
(W.V. Code Chapter 19)
Fund 0606 FY 2024 Org 0327
General
Appro- Revenue
priation Fund
1 Personal Services and Employee Benefits 00100 $ 1,417,755
2 Salary and Benefits of Cabinet Secretary and
3 Agency Heads 00201 153,750
4 Unclassified 09900 1,490
5 Current Expenses 13000 353,147
5a Directed Transfer – Surplus 70099 1,000,000
6 Total $ 2,926,142
7 The above appropriation for Directed Transfer – Surplus (fund 0606, appropriation 70099) 8 shall be transferred to the Marketing and Communications Operating Fund (fund 3002).
NOTE: The purpose of this supplemental appropriation bill is to add an item of appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2024.