2004 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Sherwood
Reforestation of Timberlands Prog.

Item 108 #1h

Item 108 #1h

First Year - FY2005 Second Year - FY2006
Commerce And Trade
Forestry, Department of FY2005 $1,122,537 FY2006 $1,122,537 GF

Page 74, line 47, strike "$23,769,792" and insert "$24,892,329".
Page 74, line 47, strike "$23,766,671" and insert "$24,889,208".
Page 75, after line 36, insert:
"H.  The appropriation in the Forestry and Reforestation Incentive subprogram includes $1,122,537 the first year and $1,122,537 the second year from the general fund for the Reforestation of Timberland Fund.  This appropriation shall be deemed sufficient to meet the provisions of §§ 10.1-1176 and 58.1-1605, Code of Virginia."

(This amendment provides $1.1 million from the general fund each year as matching funding for Virginia's Reforestation of Timberlands program. This amount matches the tax paid by the forest industry according to § 58.1-1600, Code of Virginia.)