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1997 Session

Budget Amendments - HB1600 (Committee Approved)

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Statewide Flood Hazard Mitigation (language only)

Item 420 #2h

Item 420 #2h

Natural Resources
Conservation and Recreation, Department of

Language
Page 278, following line 12, insert:
"L.  It is the intent of the General Assembly that the June 30, 1997, balance of funds deposited to the credit of the Flood Prevention and Protection Assistance Fund pursuant to §§38.2-137 and 38.2-401.1, Code of Virginia, estimated at $500,000, and that additional funds collected pursuant to these sections in fiscal year 1998, estimated at $120,000, be used for the non-federal share of flood hazard mitigation projects as determined by the Department of Emergency Services."


Explanation
(This amendment authorizes existing funds in the Flood Prevention and Protection Assistance Fund, estimated at $720,000 for the biennium, to be used in providing the non-federal (local) share of flood hazard mitigation projects.)