2000 Session

Budget Amendments - HB29 (Committee Approved)

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Newport News Ship Center

Item 547 #4h

Item 547 #4h

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Appropriations FY1999 $0 FY2000 ($6,555,000) GF

Page 460, line 40, strike "$16,537,848" and insert "$9,982,848".
Page 464, line 25, strike "$12,980,000" and insert "$6,425,000"

(This amendment reduces funding for the Advanced Shipbuilding and Carrier Intergration Center by $6.5 million. The Newport News Industrial Development Authority will issue a bond in the amount of $42.5 million, representing the remaining amount of funds authorized in Chapter 790, 1998 Acts of Assembly. HB 30, Item 290, provides funding for the debt service sufficient to meet the agreement.)