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2000 Session

Budget Amendments - HB30 (Conference Report)

State Veterans' Cemetery

Item C-4.10 #3c

Item C-4.10 #3c

First Year - FY2001 Second Year - FY2002
Administration
Veterans' Affairs, Department of FY2001 $6,500,000 FY2002 $0 NGF

Language
Page 392, after line 29, insert:
"The Treasurer shall advance a loan of $6,500,000 to the Department of Veterans' Affairs for the purpose of matching federal funds for the construction of a second state veteran's cemetery.  This loan shall be repaid upon receipt of the federal funds. These funds shall be advanced to the Department of Veterans' Affairs in the form of a short-term Treasury Loan, with no interest. "

                             
"C-4.10 Hampton Roads Veterans' Cemetery
$6,500,000
 
 
Fund Sources: Federal Trust
$6,500,000"
 
 



Explanation
(This amendment provides for a Treasury loan to cover up-front architectural, engineering and construction costs for the new Veterans' Cemetery in Hampton Roads.)