2000 Session

Budget Amendments - HB30 (Member Request)

Chief Patron: Phillips
Budget Surplus to Water Supply Assistance Grant Fund (language only)

Item 549.10 #1h

Item 549.10 #1h

Central Appropriations
Central Appropriations

Page 379, after line 4, insert:
"Ten percent of the annual general fund revenue collections that are in excess of the official estimates in the general appropriation act, after adjusting such excess for the deposit to the Virginia Water Quality Improvement Fund required pursuant to § 10.1-2128, Code of Virginia, and the deposit to the Revenue Stabilization Fund required pursuant to § 2.1-191.2, Code of Virginia, shall be provided to the Water Supply Assistance Grant Fund, pursuant to § 32.1-171.2, Code of Virginia."

(This amendment provides 10 percent of unobligated year-end budget surpluses to the Water Supply Assistance Grant Fund.)