2004 Session

Budget Amendments - HB29 (Member Request)

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Chief Patron: Hamilton
Restore Tobacco Settlement Funding

Item 512 #2h

Item 512 #2h

First Year - FY2003 Second Year - FY2004
Central Appropriations
Central Appropriations FY2003 $0 FY2004 $15,514,648 GF

Page 249, line 45, strike "$24,005,841" and insert "$39,520,489".
Page 254, after line 35, insert:
"S. Included in the appropriation for this item is $15,514,648 the second year from the general fund for payments to the Virginia Tobacco Settlement Fund as set out in Item 509 B.1., Chapter 1042 of the Acts of Assembly of 2003.  Such general fund appropriation represents repayment of the Tobacco Settlement Fund amounts transferred to the general fund pursuant to Chapter 899, Acts of Assembly of 2002."

(This amendment transfers $15.5 million from the general fund to the Virginia Tobacco Settlement fund in fiscal year 2004. This amount represents repayment of the fiscal year 2003 transfer from the Tobacco Settlement Foundation to the general fund that was approved by the 2002 General Assembly.)