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2005 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Sherwood
Co-Patron(s): Athey
Reforestation Program

Item 108 #1h

Item 108 #1h

First Year - FY2005 Second Year - FY2006
Commerce And Trade
Forestry, Department of FY2005 $0 FY2006 $872,537 GF

Language
Page 91, line 37, strike "$24,992,796" and insert "$25,865,333".


Explanation
(This amendment provides $872,537 from the general fund in the second year to match the tax paid by the forest industry for reforestation efforts. An appropriation of this amount would meet the provisions of § 10.1-1176 and § 58.1-1605, Code of Virginia, which stipulates that the general fund will provide a $1.00-for-$1.00 match to revenues generated by the tax.)