2004 Session

Budget Amendments - SB30 (Committee Approved)

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Priority Trust Fund Allocations (language only)

Item 469 #4s

Item 469 #4s

Transportation, Secretary of

Page 350, after line 3, insert:
"C.  Out of the additional revenues provided to the Transportation Trust Fund under Senate Bill 635 (2004 Session), $167,839,911 the first year and $179,040,289 the second year shall be deposited to the Priority Transportation Fund, and shall be deposited before any distribution set out in § 33.1-23.03:2, Code of Virginia."

(This amendment directs that $167.8 million the first year and $179.0 million the second year from nongeneral fund sources be deposited to the Priority Transportation Fund for debt service payments. The deposits are to be made before the additional revenues authorized under Senate Bill 635 are disbursed.)