1999 Session

Budget Amendments - HB1450 (Committee Approved)

Va. Power Rate Reduction

Item 547.1 #3h

Item 547.1 #3h

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Appropriations FY1999 ($450,000) FY2000 ($1,350,000) GF

Page 430, line 20, strike "($16,482,242)" and insert "($16,932,242)".
Page 430, line 21, strike "($17,989,192)" and insert "($19,339,192)".
Page 431, after line 13, insert:
"E.  The Director of the Department of Planning and Budget shall withhold from agency appropriations and transfer to this Item an amount estimated at $450,000 in the first year and $1,350,000 in the second year, such sums being those amounts which pertain to the general fund savings which are expected to accrue to state agencies and institutions as a result of electric utility rate reductions effective March 1, 1999."

(This amendment is self-explanatory.)