Menu
2006 Session

Budget Amendments - SB30 (Committee Approved)

View Budget Item
View Budget Item amendments

Joint Subcommittee on Capital cost Overruns (language only)

Item 1 #9s

Item 1 #9s

Legislative Department
General Assembly of Virginia

Language
Page 7, following line 47, insert:
"G. The Chairman of the Senate Finance Committee shall appoint a joint subcommittee to review cost overruns for capital projects.    In carrying out its work the joint subcommittee shall recommend a process for re-evaluation of projects with excessive cost increases and revalidate the General Assembly's commitment to continuation of such projects. The Department of General Services, the Department of Planning and Budget, and the State Council for Higher Education in Virginia shall provide such assistance as the joint subcommittee shall require. "


Explanation
(This amendment creates a joint subcommittee to review cost overruns for capital projects.)