1998 Session

Budget Amendments - HB30 (Conference Report)

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Port Authority Payroll System (language only)

Item 544 #3c

Item 544 #3c

Virginia Port Authority

Page 316, after line 32, insert:
"C. In order to remain consistent with the grant of authority as provided in Chapter 10 §62.1-128 et. seq. of the Code of Virginia, the Virginia Port Authority is authorized to establish an independent payroll system and, in connection with such system, to open and maintain an appropriate account with a qualified public depository.  Prior to their implementation, the payroll system and related procedures shall be subject to review and approval by the State Comptroller."

(This amendment gives VPA the authority to set up their own payroll system because they are leaving the state payroll system as of July 1, 1998.)