2006 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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Montpelier Restoration Grants

Item 370 #3h

Item 370 #3h

First Year - FY2007 Second Year - FY2008
Natural Resources
Historic Resources, Department of FY2007 $458,278 FY2008 $291,419 GF

Page 326, line 35, strike "$4,259,164" and insert "$4,717,442".
Page 326, line 35, strike "$4,110,480" and insert "$4,401,899".
Page 327, line 54, strike "$172,271" and insert "$458,278".
Page 328, line 1, strike "$172,271" and insert "$291,419".

(This amendment provides a general fund appropriation of $458,278 the first year and $291,419 the second year to the Montpelier Foundation for amounts spent in the restoration of this facility, which was home to the James Madison. This appropriation is required by Chapter 470, Acts of Assembly of 2005, and approximates the historic rehabilitation tax credit the organization would have otherwise received.)