2006 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Landes
Co-Patron(s): Dance, Hogan, Phillips
Fund VRC Set Asides (language only)

Item 124 #1h

Item 124 #1h

Commerce And Trade
Virginia Racing Commission

Page 96, strike line 13 through line 18, and insert:
"B. Out of these amounts, the obligations set out in §§ 59.1-392 D 5 and D 6, Code of Virginia, shall be fully funded.
Page 96, strike line 31 through line 37.
Page 96, line 38, strike "E." and insert "D."

(This amendment fully funds the statutory requirements of the Virginia Maryland Regional College of Veterinary Medicine, the Virginia Equine Center Foundation and the Virginia Horse Industry Board from nongeneral fund revenues of the Virginia Racing Commission. The Code-stipulated amounts have not been paid in recent years; instead lesser amounts have been set out in the budget for these organizations. This would increase funding for the Veterinary School from $204,000 to about $240,000 and double the appropriations for the other two entities from $40,000 each year to an estimated $80,000 each year.)