Bill Text: WV SB2003 | 2019 | 2nd Special Session | Enrolled
Bill Title: Supplementing, amending, decreasing, and increasing existing appropriations to DOH for fiscal year ending June 30, 2020
Spectrum: Bipartisan Bill
Status: (Passed) 2020-01-03 - Chapter 1, Acts, 2nd Extraordinary Session, 2019 [SB2003 Detail]
Download: West_Virginia-2019-SB2003-Enrolled.html
WEST virginia legislature
2019 SECOND Extraordinary session
Enrolled
Senate Bill 2003
By Senators Carmichael (Mr.
President) and Prezioso
(By Request of the Executive)
[Passed November 18, 2019; in effect from passage]
Whereas, West Virginia voters ratified an amendment to the constitution, Roads to Prosperity Amendment of 2017, to provide for matching available federal funds for highway and bridge construction in this state and for general highway and secondary roads and bridge construction or improvements in each of the 55 counties in this state, by the issuance of bonds not to exceed $1.6 billion in the aggregate to be paid for from the State Road Fund and the collection of annual state taxes as provided by the Legislature by general law; and
Whereas, The Legislature adopted House Concurrent Resolution 104 allowing the state to sell the fiscal year 2019 and fiscal year 2020 allocations of such bonds for an additional $600 million, during the 2019 First Extraordinary Session; and
Whereas, The costs of issuance and additional debt service required for the issuance of the fiscal year 2019 and fiscal year 2020 allocations of such bonds were contemplated by the passage of Senate Bill 1006, increasing funding for the State Road Fund, during the 2017 First Extraordinary Session; and
Whereas, The Governor submitted to the Legislature the Executive Budget Document, dated January 9, 2019, which included a statement of the State Road Fund, setting forth therein the cash balances and investments as of July 1, 2018, and further included the estimate of revenues for the fiscal year 2019, less regular appropriations for the fiscal year 2019 and that also sets forth therein the estimated cash balance and investments as of July 1, 2019, and further included the estimate of revenues for the fiscal year 2020, less regular appropriations for the fiscal year 2020; and
Whereas, The Governor submitted to the Legislature an Executive Message, dated June 17, 2019, which included a fiscal year 2019 revised estimate of revenues for the State Road Fund and a statement of the State Fund, State Road Fund for the fiscal years 2019 and 2020; and
Whereas, It appears from the Statement of the State Road Fund there now remains an unappropriated balance in the State Treasury which is available for appropriation during the fiscal year ending June 30, 2020; therefore
Be it enacted by the Legislature of West Virginia:
That the total appropriation for the fiscal year ending June 30, 2020, to fund 9017, fiscal year 2020, organization 0803, be supplemented and amended by decreasing an existing item of appropriation as follows:
Title II – Appropriations.
Sec. 2. Appropriations from state road fund.
DEPARTMENT OF Transportation
111 – Division of Highways –
(WV Code Chapters 17 and 17C)
Fund 9017 FY 2020 Org 0803
State
Appro- Road
priation Fund
2 Maintenance........................................................................ 23700................................................................................. $ 25,000,000
And, That the total appropriation for the fiscal year ending June 30, 2020, to fund 9017, fiscal year 2020, organization 0803, be supplemented and amended by increasing an existing item of appropriation as follows:
Title II – Appropriations.
Sec. 2. Appropriations from state road fund.
DEPARTMENT OF Transportation
111 – Division of Highways –
(WV Code Chapters 17 and 17C)
Fund 9017 FY 2020 Org 0803
State
Appro- Road
priation Fund
1 Debt Service........................................................................ 04000................................................................................. $ 25,000,000
