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2000 Session

Budget Amendments - HB30 (Committee Approved)

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Virginia Assistive Technology Loan Fund

Item 374 #11h

Item 374 #11h

First Year - FY2001 Second Year - FY2002
Health And Human Resources
Rehabilitative Services, Department of FY2001 $500,000 FY2002 $0 GF

Language
Page 267, line 33, strike "$78,181,467" and insert "$78,681,467".
Page 267, line 45, strike "2,865,642" and insert "3,115,642".


Explanation
(This amendment adds funds to capitalize the Virginia Assistive Loan Technology Authority (VALTA). The VALTA administers a revolving loan fund for persons with disabilities and their family members to purchase assistive technology and other equipment that increases their independence. The VALTA buys down the interest rate for all loans made through this program and provides loan guarantees.)