2002 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Cox
Co-Patron(s): Abbitt, Albo, Amundson, Armstrong, Barlow, Bland, Bloxom, Byron, Carrico, Cole, Councill, Dudley, Gear, Hargrove, Hogan, Howell, Hurt, Johnson, Kilgore, Landes, Lingamfelter, Louderback, Marshall D., Nutter, O'Bannon, Oder, Parrish, Phillips, Plum, R
WQIF for Best Mangement Practices

Item 380 #4h

Item 380 #4h

First Year - FY2003 Second Year - FY2004
Natural Resources
Conservation and Recreation, Department of FY2003 $2,179,000 FY2004 $0 NGF

Page 291, line 29, strike "$24,649,032" and insert "$26,828,032".
Page 292, after line 29, insert:
"E.  Included in this appropriation is $2,179,000 the first year from interest earnings of the Water Quality Improvement Fund, pursuant to § 10.1-2128, Code of Virginia.  Of this amount, $2,000,000 is from interest earned on point source funds and $179,000 is from interest earned on nonpoint source funds.  These funds shall be used for the Best Management Practices cost-share program.
F.  It is the intent of the General Assembly that all interest earnings of the Water Quality Improvement Fund shall only be spent upon appropriation by the General Assembly, after the recommendation of the Secretary of Natural Resources pursuant to § 10.1-2129, Code of Virginia."

(This amendment appropriates interest earned by the Water Quality Improvement Fund, which is to be used for the agricultural Best Management Practices program. The amendment also requires that interest earnings not be spent until appropriated by the General Assembly.)