Bill Summary – FastDemocracy

WEST VIRGINIA LEGISLATURE
REGULAR SESSION
                Introduced House Bill 5458
    By Delegates Hanshaw (Mr. Speaker) and Hornbuckle
          (By Request of the Executive)
   [Introduced February 5, 2024; Referred to the Committee on Finance]
    Intr HB 5458
 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 Higher Education Policy Commission, Higher Education Policy
        Commission – Administration – Control Account, fund 0589, fiscal year 2024, organization
        0441, by supplementing and amending the appropriations for the fiscal year ending June
        30,                                                                                  2024.
        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 the total appropriation for the fiscal year ending June 30, 2024, to fund 0589, fiscal
 year 2024, organization 0441, be supplemented and amended by adding new items of
 appropriation as follows:
                               TITLE II – APPROPRIATIONS.
        Section 1. Appropriations from general revenue.
                             HIGHER EDUCATION POLICY COMMISSION
                             105 - Higher Education Policy Commission –
                                          Administration –
                                          Control Account
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     Intr HB 5458
                                           (W.V. Code Chapter 18B)
                                        Fund 0589 FY 2024 Org 0441
                                                                                             General
                                                                              Appro-         Revenue
                                                                              priation Fund
 8a Underwood-Smith Scholarship
 8b Program-Student Awards – Surplus..............................       16799            600,000
 8c Nursing Scholarships – Surplus.........................................   XXXXX            400,000
             NOTE: The purpose of this supplemental appropriation bill is to add new items of
             appropriation in the aforesaid account for the designated spending unit for expenditure during the fiscal year 2024.
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