2001 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Callahan
Co-Patron(s): Dickinson
Commonwealth Public Broadcasting Language (language only)

Item 287 #1h

Item 287 #1h

Treasury, Department of the

Page 272, after line 43, insert:
"E.  The Secretary of Finance and the State Treasurer shall lease or otherwise finance equipment for the conversion of Commonwealth Public Broadcasting Corporation to the Federal Communications Commission's new digital standard.  The total value of such equipment pursuant to this authorization shall not exceed $3,000,000.  Payments on the lease or debt service related to this authorization shall commence after July 1, 2002.  The Secretary and the Treasurer shall develop a plan for the acquisition of the required equipment as soon as possible and the timely transfer, sublease, or loan of such equipment to Commonwealth Public Broadcasting."

(This amendment authorizes the Secretary of Finance and the State Treasurer to finance an additional $3 million for the acquisition of equipment to assist Commonwealth Public Broadcasting in its conversion to the new digital standard.)