2007 Session

Budget Amendments - HB1650 (Member Request)

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Chief Patron: Dance
Biofuels Incentive Fund

Item 115 #2h

Item 115 #2h

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Mines, Minerals and Energy, Department of FY2007 $0 FY2008 $1,000,000 GF

Page 109, line 18, strike "$1,334,762" and insert "$2,334,762".
Page 109, line 28, after "first year" insert:
"and $1,000,000 the second year".

(This amendment provides $1.0 million in the second year from the general fund to support the Biofuels Production Fund established pursuant to Chapter 652, 2006 Session. The existing budget appropriates $1.0 million to the fund in the first year but does not provide funding in fiscal year 2008. These appropriation would demonstrate Virginia's ongoing commitment to attracting a biofuels company to Virginia.)