1998 Session

Budget Amendments - SB30 (Committee Approved)

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Reforestation Incentives

Item 123 #3s

Item 123 #3s

First Year - FY1999 Second Year - FY2000
Commerce And Trade
Forestry, Department of FY1999 $200,000 FY2000 $200,000 GF

Page 77, line 17, strike "$21,627,982" and insert "$21,827,982".
Page 77, line 17, strike "$21,712,135" and insert "$21,912,135".
Page 77, line 41, strike "D" and insert "D.1.".
Page 77, line 42, strike "$908,940" and insert "$1,108,940".
Page 77, line 44, strike "$910,223" and insert "$1,110,223".
Page 77, after line 46, insert:  "2.  The Department shall report to the Chairmen of the Senate Finance and House Appropriations Committees by November 4, 1998, concerning the number of participants in this incentive program, the number of acres reforested, and the number of softwood and hardwood trees planted.  The report shall cover a five-year period ending in Fiscal Year 1998.  The Department shall also include information regarding the status of hardwood trees in Virginia and recommendations to encourage the plantings of such trees.".

(This amendment provides additional funding to match the forest products tax contribution pursuant to Titles 10.1 and 58.1, Code of Virginia.)