2000 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Callahan
Virginia Baseball Stadium Authority

Item 571 #45h

Item 571 #45h

First Year - FY2001 Second Year - FY2002
Nonstate Agencies
State Grants To Nonprofit Entities-Nonprofit Cultural and Artistic Organizations FY2001 $475,000 FY2002 $475,000 GF

Page 386, line 5, strike "$11,948,045" and insert "$12,423,045".
Page 386, line 5, strike "$9,644,383" and insert "$10,119,383".
Page 388, after line 3, insert:
"Virginia Baseball Stadium Authority        $475,000        $475,000
The Governor is hereby authorized to communicate to major league baseball the Commonwealth's commitment to fund its portion of the stadium financing plan as recommended in House Document #7 (1977) by the Joint Subcommittee Studying Financing Options for the Purpose of Constructing a Baseball Stadium in Virginia, and such commitment is only to be effective in the event major league baseball grants, or commits to grant, a franchise to an ownership group to locate a major league baseball team in Virginia.  At the next session of the General Assembly following the award or commitment to award such franchise, the Governor shall submit to that General Assembly a detailed financing plan to carry out the Commonwealth's commitment to finance construction of a major league baseball stadium."

(This amendment provides funding to the Virginia Baseball Stadium Authority for operating expenses. Language is also added to authorize the Governor to take steps to attract a major league baseball team to Virginia and to submit a detailed financial plan to finance the construction of a baseball stadium.)