2005 West Virginia Code - §5-26-6. — Children\'s fund created; purpose.

§5-26-6. Children's fund created; purpose.
(a) The cabinet shall establish a children's fund for the sole purpose of awarding grants, loans and loan guaranties for child abuse and neglect prevention activities. Gifts, bequests or donations for this purpose, in addition to appropriations to the fund, shall be deposited in the state treasury in a special revenue account that is independent from any executive or other department of government, other than the office of the governor.
(b) Each state taxpayer may voluntarily contribute a portion of the taxpayer's state income tax refund to the children's fund by so designating the contribution on the state personal income tax return form. The cabinet shall approve the wording of the designation on the income tax return form, which designation shall appear on tax forms. The tax commissioner shall determine by the first day of July of each year the total amount designated pursuant to this subsection and shall report that amount to the state treasurer, who shall credit that amount to the children's fund.
(c) All interest accruing from investment of moneys in the children's fund shall be credited to the fund. The legislative auditor shall conduct an audit of the fund before the first day of July, two thousand three and at least every three fiscal years thereafter.
(d) Grants, loans and loan guaranties may be awarded from the children's fund by the cabinet for child abuse and neglect prevention activities.