2004 Session

Budget Amendments - HB29 (Member Request)

Chief Patron: Joannou
Co-Patron(s): Ingram
Value of Dredge Material (language only)

Item 398.05 #1h

Item 398.05 #1h

Natural Resources
Marine Resources Commission

Page 223, after line 28, insert:
"Pursuant to § 28.2-1206, Code of Virginia, when the activity or project for which a permit is requested involves the removal of bottom material in excess of 7.0 million cubic yards to develop a private cargo terminal, the permit shall specify a royalty of not more than 20 cents per cubic yard of bottom material removed."

(This amendment clarifies that dredged bottom material does not have to have no commercial value. It is anticipated that all of the dredged material to develop a private marine cargo terminal will be used by the U.S. Army Corps of Engineers to construct dredged material containment facilities at Craney Island.)