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2005 Session

Budget Amendments - HB1500 (Committee Approved)

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Eliminate Transfer of Driver's Record Fee to General Fund (language only)

Item 3-6.02 #1h

Item 3-6.02 #1h

Adjustments and Modifications to Fees
Motor Vehicle Fees

Language
Page 560, line 10, strike ", of each year" and insert "in the first year".
Page 560, line 11, after "Code of Virginia.", insert:
"Beginning in fiscal year 2006, the revenue generated from the fee authorized by § 46.2-214.1, Code of Virginia, shall be deposited into the Rail Enhancement Fund pursuant to the provisions of House Bill 2596, 2005 General Assembly Session."


Explanation
(This amendment eliminates the transfer of the $2.00 driver's record fee to the general fund. A companion amendment to VDOT directs these funds, estimated at $10.0 million in fiscal year 2006, to the Rail Enhancement Fund.)