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1997 Session

Budget Amendments - HB1600 (Committee Approved)

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Open Space Preservation Trust Fund

Item 419 #1h

Item 419 #1h

First Year - FY1997 Second Year - FY1998
Natural Resources
Conservation and Recreation, Department of FY1997 $0 FY1998 $225,000 GF

Language
Page 274, line 2, strike "$15,104,798" and insert "$15,329,798".
Page 276, following line 8, insert:
"L.  Out of the amounts for Leisure and Recreation Services, $225,000 the second year from the general fund shall be transferred to the Open Space Preservation Trust Fund established pursuant to House Bill 2044, 1997 Regular Session."


Explanation
(This amendment provides funding for the Open Space Preservation Trust Fund established pursuant to House Bill 2044. This fund will be used to provide financial incentives to landowners wishing to place open space easements on their land and then donate the easements to the Virginia Outdoors Foundation and an appropriate local co-holder. The fund will also assist with the appraisal and legal costs incurred during the preparation of an easement donation.)