106#2s (DHCD) Livable Home Tax Credit. SB750 - Committee Approved

State Budget

2007 Session

Budget Amendments - SB750 (Committee Approved)

Bill Order » Item 106 #2s

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Livable Home Tax Credit

Item 106 #2s

Item 106 #2s	First Year - FY2007	Second Year - FY2008
Commerce And Trade
Housing and Community Development, Department of	FY2007 $0	FY2008 $8,000	GF

Language
Page 106, line 51, strike "$5,320,147" and insert "$5,328,147".

Explanation
(This amendment provides $8,000 to carry out the provisions of Senate Bill 791 (2007 Session). The bill requires the Department to develop guidelines establishing the eligibility requirements for the Livable Home Tax Credit.)

Item 106

Item 106	First Year - FY2007	Second Year - FY2008
Regulation of Structure Safety (56200)	$5,495,147	$5,320,147
State Building Code Administration (56202)	FY2007 $2,528,816	FY2008 $2,528,816
State Fire Prevention Code Administration (56203)	FY2007 $2,966,331	FY2008 $2,791,331
Fund Sources:
General	FY2007 $2,611,544	FY2008 $2,466,544
Special	FY2007 $2,444,341	FY2008 $2,414,341
Dedicated Special Revenue	FY2007 $300,000	FY2008 $300,000
Federal Trust	FY2007 $139,262	FY2008 $139,262

Authority: Title 15.2, Chapter 9; Title 27, Chapters 1, 6, and 9; Title 36, Chapters 4, 4.1, 4.2, 6, and 8; Title 58.1, Chapter 36, Article 5; and Title 63.2, Chapter 17, Code of Virginia.

The Department of Housing and Community Development shall recover from the Virginia Department of Health all costs associated with federal life safety code inspections and enforcement services.