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2005 Session

Budget Amendments - HB1500 (Committee Approved)

Schooner Virginia

Item 531 #107h

Item 531 #107h

First Year - FY2005 Second Year - FY2006
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2005 $0 FY2006 $250,000 GF

Language
Page 482, after line 18, insert:
"Out of the amounts for Financial Assistance for Cultural and Artistic Affairs, $250,000 the second year from the general fund is provided to the Virginia Maritime Heritage Foundation."


Explanation
(This amendment provides $250,000 from the general fund in the second year to the Virginia Maritime Heritage Foundation for the construction of the Schooner Virginia, a wooden "Class B" tall ship. This ship is designed to be a replica of the original Virginia, which was the last of the wooden pilot schooners that began service in 1917. The foundation has raised $2.0 million to date for the construction, and will raise another $1 million to support the ship's annual operating costs.)