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2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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Reforestation Tax Program

Item 108 #2c

Item 108 #2c

First Year - FY2005 Second Year - FY2006
Commerce And Trade
Forestry, Department of FY2005 $125,000 FY2006 $250,000 GF

Language
Page 74, line 47, strike "$23,769,792" and insert "$23,894,792".
Page 74, line 47, strike "$23,766,671" and insert "$24,016,671".
Page 75, strike lines 34 through 36 and insert:
"G.  The appropriation in the Forestry and Reforestation Incentives subprogram includes $125,000 the first year and $250,000 the second year from the general fund for the Reforestation of Timberlands Fund.  This appropriation shall be deemed sufficient to meet the provisions of Titles 10.1 and 58.1 Code of Virginia."


Explanation
(This amendment provides general fund support to match the tax paid by the forest industry for reforestation efforts.)