2007 Session

Budget Amendments - HB1650 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Hamilton
Port Cities Payments in Lieu of Taxes (language only)

Item 454 #1h

Item 454 #1h

Virginia Port Authority

Page 483, line 19, after "Virginia" insert:
"Notwithstanding the provisions of § 58.1-3403, the additional $1,000,000 from the general fund to be distributed pursuant to the formula established in § 58.1-3403 D, Code of Virginia, shall supplement, not supplant, the nongeneral fund appropriations made for payments to the host localities by the Virginia Port Authority pursuant to this Item."

(This amendment clarifies that the $1.0 million general fund appropriation to the port host cities is in addition to that which is paid by the Virginia Port Authority from nongeneral fund sources and shall not be used to supplant such payment.)