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2008 Session

Budget Amendments - HB29 (Committee Approved)

Capture $15 Million from WQIF Appropriation

Item 455.3 #2h

Item 455.3 #2h

First Year - FY2007 Second Year - FY2008
Central Appropriations
Central Appropriations FY2007 $0 FY2008 ($15,000,000) GF

Language
Page 194, line 17, strike "($271,964,163)" and insert "($286,964,163)".
Page 217, after line 8, insert:
"QQQQ.  The provisions of paragraph B.1.b. of Item 364 of Chapter 847 of the Acts of Assembly of 2007 are repealed and renacted as follows:
Included in this item is $5,000,000 the second year from the general fund to be deposited to the Water Quality Improvement Fund established in Title 10.1, Chapter 21.1, Code of Virginia."


Explanation
(This amendment captures $15 million in general fund appropriations for upgrading wastewater treatment plants. The Governor recommended this reduction in the amount of funding for upgrading wastewater treatment plants in his budget reduction plant issued on February 12, 2008. In that budget reduction plan, the Governor reported this appropriation was unnecessary because the Water Quality Improvement Fund had sufficient balances, because the construction of wastewater treatment plant upgrades takes several years, and because $250 million in bonds had been authorized to finance these projects.)