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2001 Session

Budget Amendments - SB800 (Committee Approved)

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Geographic Information Access Services (language only)

Item 3-2.01 #1s

Item 3-2.01 #1s

Working Capital Funds and Lines of Credit
Advances to Working Capital Funds

Language
Page 573, line 35, before "The" insert "A."
Page 573, following line 36, insert:
"B.1. The state Comptroller shall make available to the Department of Technology Planning, the amount of $4,900,000 from the general account as a working capital advance.
2. On or before June 30, 2002, the the Department of Technology Planning and the State Treasurer shall submit a plan for the repayment of this working capital advance to the Governor and the Chairmen of the House Appropriations Committee and the Senate Finance Committee.  This plan shall provide for repayment of the working capital advance a) over a period of not more than five years, to include b) a total of $1,000,000 from the Virginia Department of Transportation, c)  a total of $2,450,000 from the E-911 Fund, and d)
the remaining amount from commercial licensing and distribution of the digital orthophotography product to the private sector."


Explanation
(This amendment is self explanatory.)