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2004 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Hawkins
Restore Tobacco Mater Settlement Agreement Funds

Item 272 #1s

Item 272 #1s

First Year - FY2005 Second Year - FY2006
Finance
Accounts, Department of FY2005 $15,514,648 FY2006 $0 GF

Language
Page 203, line 36, strike "$2,736,977" and insert "$18,251,625".
Page 203, following line 46, insert:
"Members of the General Assembly reaffirm support of the historic legislation passed in 1999 to earmark 50% of the Master Settlement Agreement funds to address impacts on tobacco farming communities and 10% to address youth tobacco use by committing to restore $15,514,648 to the Virginia Tobacco Settlement Fund that was transferred out of the Fund to the General Fund in FY 2003.".


Explanation
(This amendment restores 10 percent of the funds transferred to the general fund from the Tobacco Master Settlement Agreement Fund in FY 2003.)