2008 Session

Budget Amendments - HB29 (Conference Report)

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Maintenance Reserve - Va. Museum of Fine Arts (language only)

Item C-325 #1c

Item C-325 #1c

Central Appropriations
Central Capital Outlay

Page 252, after line 57, insert:
"G.1.  Any balances remaining from the maintenance reserve allocation identified in this item for the Virginia Museum of Fine Arts shall not revert to the general fund on June 30, 2008, but shall be brought forward and made available for the purposes of this item in fiscal year 2009.
2. The Virginia Museum of Fine Arts may use an amount not to exceed 20 percent of its annual maintenance reserve allocation from this item for the conservation of art works owned by the Museum."

(This amendment provides that the maintenance reserve balance attributable to the Virginia Museum of Fine Arts will not revert on June 30, 2008, and that the Museum may use up to 20 percent of its maintenance reserve allocation for conservation of art works.)