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2001 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Spruill
Co-Patron(s): Barlow, Blevins, Callahan, Councill, Crittenden, Diamonstein, Drake, Hamilton, Joannou, Jones C., Jones J.C., Larrabee, Louderback, McDonnell, Melvin, Morgan, Moss, Purkey, Robinson, Suit, Tata, Williams
Payment for Port Operations

Item 76 #1h

Item 76 #1h

First Year - FY2001 Second Year - FY2002
Administration
General Services, Department of FY2001 $4,789,000 FY2002 $4,789,000 GF

Language
Page 66, line 47, strike "$5,536,932" and insert "$10,325,932".
Page 66, line 48, strike "$5,358,603" and insert "$10,147,603".
Page 68, after line 11, insert:
"H.  Out of this appropriation, $4,789,000 the first year and $4,789,000 the second year from the general fund shall be provided as service-charge payments to the four localities impacted by tax-exempt Virginia Port Authority operations, marine terminals and facilities located within their boundaries, pursuant to § 58.1-3403, Code of Virginia.  Each year the payments shall be $2,675,320 to the City of Norfolk, $1,097,153 to the City of Portsmouth, $955,378 to the City of Newport News, and $61,149 to Warren County.  No service-charge payments shall be required from Commonwealth Port Fund Revenues."


Explanation
(This amendment is self-explanatory.)