2005 Session

Budget Amendments - SB700 (Committee Approved)

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Litter Control & Recycling Fund (language only)

Item 3-1.01 #3s

Item 3-1.01 #3s

Interfund Transfers

Page 554, line 53, strike the line after "0900" and insert "$68,324    $68,324".
Page 556, after line 49, insert:
"MM.  On or before June 30, 2005, and June 30, 2006, the State Comptroller shall transfer to the general fund $349,776 the first year and $349,776 the second year representing the 20.0 percent for statewide and regional educational program grants made pursuant to § 10.1-1422.01 B.2. of the Code of Virginia.  Thereafter, it is the intent of the General Assembly that the funds designated by statute for statewide and regional educational grants shall be used exclusively for this purpose and that the Governor shall reflect the legislative intent in his budget submission for the 2006-2008 biennium."

(This amendment identifies Litter Control and Recycling Funds transferred to the general fund for purposes other than intended by the Code of Virginia. The language also directs the Governor to include these funds in his 2006-2008 budget submission as intended by the appropriate statute.)