2002 Session

Budget Amendments - SB30 (Committee Approved)

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Eliminate NGF At-will positions (language only)

Item 3-1.01 #24s

Item 3-1.01 #24s

Interfund Transfers

Page 419, after line 24, insert:
"AA. On or before June 30, 2003 and June 30, 2004 respectively, the State Comptroller shall transfer $1,941,928 the first year and $1,941,928 the second year to the general fund from the such nongeneral fund accounts as are affected by the restriction on employment of any person whose position is exempt from Title 2.2, Chapter 29, Code of Virginia, the Personnel Act, pursuant to §2.2-2905.20, Code of Virginia."

(This amendment captures the nongeneral fund portion of savings attributed to a reduction in Virginia Retirement System contribution rates.)