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1999 Session

Budget Amendments - SB800 (Conference Report)

Public-Private Partnership Language (language only)

Item 293.1 #1c

Item 293.1 #1c

Finance
Taxation, Department of

Language
Page 237, after line 2, insert:
"The Tax Commissioner shall submit to the Department of Planning and Budget by August 1, 1999, and annually thereafter, a spending plan for the Department's share of the Fund.  The Department of Planning and Budget shall allot the Department's share of the Fund quarterly, subject to the prior approval of the Department's spending plan.  The Department of Planning and Budget shall monitor compliance with the Department's approved spending plan."
Page 237, line 6, strike "58.1-202.1" and insert "58.1-202.2".


Explanation
(This amendment requires the Department of Planning and Budget to approve spending plans submitted by the Department of Taxation for use of its share of the Technology Partnership Fund for project related expenses. The Department of Planning and Budget would also monitor compliance with the approved spending plans.)