2005 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Hawkins
Virginia's Equine Industry

Item 133 #1s

Item 133 #1s

First Year - FY2005 Second Year - FY2006
Commerce And Trade
Virginia Racing Commission FY2005 $0 FY2006 $153,250 GF

Page 113, line 16, strike "$2,288,130" and insert "$2,441,380".
Page 113, delete lines 26 through 31.
Page 113, delete lines 44 through 50.
Page 114, after line 17, insert:
"F.  Out of these amounts, the obligations set out in § 59.1-392 D4 through § 59.1-392 D6 of the Code of Virginia shall be funded fully.  An amount up to $262,250 the second year shall be transferred to Virginia Polytechnic Institute and State University to support the Virginia-Maryland Regional College of Veterinary Medicine.  An amount up to $87,500 the second year shall be transferred to the Department of Agriculture and Consumer Services for the Virginia Horse Industry Board, and an amount up to $87,500 the second year shall be provided to the Virginia Equine Center Foundation."

(This amendment provides $153,250 GF to fully fund commitments made to the Virginia Maryland Regional College of Veterinary Medicine ($262,250), the Virginia Equine Center Foundation ($87,500), and the Virginia Horse Industry Board ($87,500). The request supplements amounts already included in SB 700 to achieve the statutory commitments.)