3-3.01#1c (Payment by the Virginia Public School Authority) VPSA General Fund Transfer. SB800 - Conference Report

State Budget

1999 Session

Budget Amendments - SB800 (Conference Report)

Bill Order » Item 3-3.01 #1c

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VPSA General Fund Transfer (language only)

Item 3-3.01 #1c

Item 3-3.01 #1c
General Fund Deposits
Payment by the Virginia Public School Authority

Language
Page 508, line 17, before "The", insert "A."
Page 508, after line 19, insert:
"B. The Virginia Public School Authority shall transfer to the general fund an amount estimated at $1,000,000 on or before June 30, 2000."

Explanation
(This amendment transfers $1.0 million in anticipated excess funds in the general fund of the Virginia Public School Authority to the Commonwealth's general fund.)

Item 3-3.01

Item 3-3.01

§ 3-3.01 PAYMENT BY THE VIRGINIA PUBLIC SCHOOL AUTHORITY

The Virginia Public School Authority shall transfer to the general fund an amount estimated at $137,000 on or before June 30, 1999, and an amount estimated at $137,000 on or before June 30, 2000, to reimburse the Commonwealth for staff and other administrative services provided to the Authority by the Department of the Treasury.