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2001 Session

Budget Amendments - HB1600 (Committee Approved)

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Transfer GF to Mass Transit Capital Fund

Item 525 #1h

Item 525 #1h

First Year - FY2001 Second Year - FY2002
Transportation
Transportation, Department of FY2001 $0 FY2002 ($14,700,000) GF

Language
Page 456, line 8, strike "$1,434,051,801" and insert "$1,419,351,801".
Page 461, after line 37, insert:
"P. Out of the amounts included in this Item, there is hereby appropriated $20,585,038 the first year from the general fund for mass transit assistance for a statewide new transit vehicle and equipment program, notwithstanding the provisions of §1 of the fourth enactment of Chapters 1019 and 1044, Acts of Assembly 2000.  A general fund appropriation in Item 518 shall be used for a capital assistance program under such guidelines as are developed by the Department of Rail and Public Transportation and the Department of Treasury."


Explanation
(This amendment removes the general fund appropriation within the Virginia Department of Transportation that was designated for mass transit capital assistance. A separate amendment in Item 518 appropriates a portion of the general fund to support a capital assistance program.)