WEST VIRGINIA LEGISLATURE REGULAR SESSION ENROLLED Committee Substitute for Senate Bill 430 BYBy SENATOTARRSenator [OriginatingTarr in[Passed theMarch Committee03, on2023; Banking and Insurance;
reportedin oneffect February90 15,days 2023]from passage] Enr CS for SB 430 AAN BILLACT to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §12-1-1a;
and to amend and reenact §12-2-2 of said code, all relating generally to the State Treasurer’s authority to contract withfinancialwith financial institutions for banking goods and services;
CS for SB 430 "State funds" refers to moneys accepted or collected on behalf of the state or those 1 Enr CS for SB 430 moneys designated by the Legislature or the State Treasurer as state funds, according to §12-1-2(e) of this code.
CS for SB 430 (b) All moneys received by the state from appropriations made by the Congress of the 2 Enr CS for SB 430 United States shall be recorded in special fund accounts, in the State Treasury apart from the general revenues of the state, and shall be expended only upon appropriation of the Legislature in accordance with the provisions of §4-11-1 et seq.
(9) All moneys collected and belonging to the capitol building fund, state road fund, state road sinking fund, general school fund, school fund, state fund (moneys belonging to counties, districts, and municipalities), state interest and sinking funds, state compensation funds, the fund maintained by the Public Service Commission for the investigation and supervision of applications and all fees, money, interest or funds arising from the sales of all permits and licenses to hunt, CS for SB 430 trap, fish, or otherwise hold or capture fish and wildlife resources and money reimbursed and granted by the federal government for fish and wildlife conservation;
and 3 Enr CS for SB 430 (10) All moneys collected or received under any act of the Legislature providing that funds collected or received under the act shall be used for specific purposes.
Provided, That the Governor or appropriate constitutional officer has CS for SB 430 authority to authorize the transfer of equipment or personnel to the centralized receipts processing center from the respective agency.