(a) All moneys collected shall be deposited in a special account in the State Treasury to be known as the State Athletic Commission Fund. Expenditures from the fund shall be for the purposes set forth in this article and are not authorized from collections but are to be made only in accordance with appropriation by the Legislature and in accordance with the provisions of article three, chapter twelve of this code and upon fulfillment of the provisions of article two, chapter eleven-b of this code: Provided, That for the fiscal year ending June 30, 2016, expenditures are authorized from collections rather than pursuant to appropriation by the Legislature.
(b) A supplemental appropriation may be authorized by the Legislature for administrative expenditures that exceed collections in the fiscal years ending June 30, 2016, June 30, 2017, and June 30, 2018, or until such time as the commission collections are sufficient to fully fund its operations.
(c) All money collected and deposited in the State Athletic Commission Fund that remains after the commission satisfies its administrative operating obligations shall be surplus revenue funds available for appropriation: Provided, That the commission may retain surplus revenue funds as long as it allocates the surplus for a specific purpose and approves such funds be carried forward for use in the following fiscal year prior to the end of the fiscal year in which the revenues were collected.
Structure West Virginia Code
Chapter 29. Miscellaneous Boards and Officers
Article 5A. State Athletic Commission
§29-5A-1. Creation of Commission; Members; Officers; Seal and Rules
§29-5A-1a. Commission Office; Administrative Support Provided by Lottery Commission
§29-5A-3a. Power to Regulate Mixed Martial Arts
§29-5A-3b. State Athletic Commission Fund
§29-5A-4. Licenses to Be in Lieu of All Other Licenses
§29-5A-5. Expense of Commission
§29-5A-6. Payment of Official in Charge
§29-5A-7. Interference With or Restraining of Professional Boxing or Exhibitions
§29-5A-9. Sanction or Permit From Commission
§29-5A-14. Suspension, Revocation, etc., of License
§29-5A-15. Reports by Clubs to Commission; Bonds of Applicants for License
§29-5A-16. Presence of Members of Commission or Inspector at Exhibitions and Matches
§29-5A-17. Referee and Judges; Appointment by Commission; Powers, Payment
§29-5A-18. Examination of Contestants by Physician; Presence at Contest; Report to Commission
§29-5A-19. Weight of Contestants
§29-5A-20. Licenses for Contestants, Referees, and Managers
§29-5A-21. Penalty for Engaging in Unlawful Contest
§29-5A-22. Penalty for Violation Not Expressly Provided For
§29-5A-23. Injunctive Relief for Violation of Chapter
§29-5A-24. Rules Governing Contestants and Matches
§29-5A-25. Special Permits to American Legion and Other Organizations