§4-11A-11. General Powers
(a) The authority has all the general powers necessary to carry out its purposes and duties and to exercise its specific powers, including, but not limited to, the power to: (1) Enter into sales agreements and acquire by purchase, grant, lease, gift or otherwise from the state its right, title and interest in and to […]
§4-11-4. Inclusion of Federal Funds in State Budget and the Budget Bill
Pursuant to article 5-1A-1 et seq., and 11B-2-1 et seq. of this code, the Governor shall itemize in the state budget and in the budget bill, on a line-item basis, separately, for each spending unit, the amount and purpose of all federal funds received or anticipated for expenditure, with a reference to the account number, […]
§4-11-5. Legislative Appropriation Authority
(a) No spending unit may make expenditures of any federal funds, whether such funds are advanced prior to expenditure or as reimbursement, unless such expenditures are made pursuant to specific appropriations by the Legislature, except as may be hereinafter provided. (b) To the extent not precluded by the terms and conditions under which federal funds […]
§4-11-6. Exclusions
The following are excluded from the provisions of this article: (1) Federal funds received by state institutions of higher education or by students or faculty members of such institutions for instructional or research purposes and federal funds received for student scholarships or grants-in-aid;
§4-11-7. Conflict With Other Statutory Provisions
If there is any conflict between the provisions of this article and any other provision of law, including this code, relating to receiving or expending federal funds, the provisions of this article shall govern and control.
§4-11A-1. Legislative Findings and Purpose
(a) On November 23, 1998, tobacco product manufacturers entered into a settlement agreement with the state. This master settlement agreement releases those manufacturers from past, present and specific future claims against them in return for payment of annual sums of money to the state, obligates the manufacturers to change their advertising and marketing practices and […]
§4-11A-1a. Legislative Findings Related to Securitization of Moneys Received Pursuant to Master Settlement Agreement and Previously Dedicated to the Workers' Compensation Debt Reduction Fund
(a) In December, 2005, the Governor issued a proclamation regarding the privatization of the workers' compensation system pursuant to section eleven, article two-c, chapter twenty-three of this code, thereby proclaiming that a revenue source had been secured to satisfy the Old Fund liabilities as they occur; (b) A portion of the revenue source secured to […]
§4-11A-2. Receipt of Settlement Funds and Required Deposit in West Virginia Tobacco Settlement Medical Trust Fund Until June 1, 2005, Then to Workers' Compensation Debt Reduction Fund; Deposit of Strategic Compensation Payments; Transfer of Trust Fund Moneys
(a) The Legislature finds and declares that certain dedicated revenues should be preserved in trust for the purpose of stabilizing the state's health-related programs and delivery systems. It further finds and declares that these dedicated revenues should be preserved in trust for the purpose of educating the public about the health risks associated with tobacco […]
§4-11A-3. Receipt of Settlement Funds and Required Deposit in the West Virginia Tobacco Settlement Fund
(a) There is hereby created in the state Treasury a special revenue account, designated the Tobacco Settlement Fund, which shall be an interest-bearing account and may be invested in the manner permitted by the provisions of article six, chapter twelve of this code, with the interest income a proper credit to the fund. Unless contrary […]
§4-11-2. Definitions
As used in this article: “Federal funds” means any financial assistance made to a spending unit by the United States government, whether a loan, grant, block grant, subsidy, augmentation, reimbursement or any other form of such assistance, including “federal-matching funds”; “Federal-matching funds” means federal funds of a specified amount or proportion for which a specified […]