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2004 Special Session I

Budget Amendments - SB5001 (Committee Approved)

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VIA WQIF Adjustment

Item 388 #9s

Item 388 #9s

First Year - FY2005 Second Year - FY2006
Natural Resources
Environmental Quality, Department of FY2005 ($1,630,000) FY2006 $0 GF

Language
Page 304, line 18, strike "$60,303,091" and insert "$58,673,091".
Page 305, strike lines 8 to 14.


Explanation
(This amendment adjusts the general fund deposit to the Water Quality Improvement Fund pursuant to the "Virginia Investment Act" (SB 635, 2004 Session). The "Virginia Investment Act" retains the unreserved, unreappropriated general fund balances previously dedicated to the WQIF and replaces them with a $14,821,500 general fund deposit. These additional funds are appropriated in companion amendments in Items 382 and 388. The amendment also removes language earmarking a recordation fee for the Virginia Natural and Historic Resources Fund.)