Menu
1999 Session

Budget Amendments - HB1450 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Puller
Recordation Taxes-NoVa

Item 282 #1h

Item 282 #1h

First Year - FY1999 Second Year - FY2000
Finance
Accounts, Department of FY1999 $0 FY2000 $30,000,000 GF

Language
Page 228, line 32, strike "$65,784,000" and insert "$95,784,000".
Page 228, line 51 strike the second "17,000,000" and insert "29,750,000".


Explanation
(This amendment provides in the second year an additional $30 million of state recordation taxes for distribution to localities. Northern Virginia's share of the increase is $12,750,000, and that amount is added to the Northern Virginia Transportation District Fund which is used to finance the Northern Virginia Transportation Program.)