Delay VMRC Encroachment Royalties

Item 398 #1c

Language
Page 387, line 29, strike "$1,207,923" and insert "$1,362,923".
Page 387, line 40, after "that", insert "beginning July 1, 2004,".
Page 387, line 42, after "Commission", insert:
"for the use of state-owned bottom lands".
Page 387, line 44, after "Virginia.", insert:
"Prior to resuming the collection of any such fees, the Secretary of Natural Resources shall review the report of the Virginia Delegation of the Chesapeake Bay Commission made pursuant to House Joint Resolution 633 (2003) and shall submit a plan for the collection of such fees to the Chairmen of the House Appropriations and Senate Finance Committees."

Explanation
(This amendment delays the resumption of the collection of any fees for use of state-owned submerged bottomland and requires the Secretary of Natural Resources to submit a plan to the General Assembly prior to collecting any fees.)