1997 Session

Budget Amendments - SB700 (Committee Approved)

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Use of Access Fund Balances (language only)

Item 3-1.01 #3s

Item 3-1.01 #3s

Interfund Transfers

Page 417, line 6, strike: "balances in the special fund of the Department of Motor Vehicles" and insert:
"unobligated balances in the industrial, rail and airport access fund administered by the Department of Transportation"

(This amendment changes the funding source for the supplemental $5.0 million funding for the Northern Virginia Transportation Program and the Route 58 Corridor Development Program. The fund source changes from Department of Motor Vehicles special funds to unobligated balances in the industrial, rail and airport access program fund in the Virginia Department of Transportation. There are currently approximately $16.0 million in unobligated balances available in the access program. A companion amendment caps the unobligated balances in the fund at $5.0 million.)