2002 Session

Budget Amendments - HB30 (Committee Approved)

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Tourism Authority Consolidation

Item 135 #14h

Item 135 #14h

First Year - FY2003 Second Year - FY2004
Commerce And Trade
Virginia Tourism Authority FY2003 ($17,971,413) FY2004 ($17,971,692) GF

Page 87, strike lines 1 through 53.
Page 88, strike lines 1 through 58.
Page 89, strike lines 1 through 6.
Page 89, after line 6, insert:
"Notwithstanding §§ 2.2-2315 through 2.2-2326, Code of Virginia, effective July 1, 2002, the Virginia Tourism Authority shall be consolidated under Item 129 as a division of the Virginia Economic Development Partnership.  Cost savings from this consolidation from administrative and program savings are estimated at $237,885 the first year and $951,542 the second year.  The Governor shall prepare legislation for consideration by the 2003 General Assembly that completes the consolidation through statute."

(This eliminates funding for the Virginia Tourism Authority budget item which was consolidated under the Virginia Economic Development Partnership in a companion amendment.)