2008 Session

Budget Amendments - HB30 (Committee Approved)

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Capture Portion of New Dam Safety Funding

Item 361 #4h

Item 361 #4h

First Year - FY2009 Second Year - FY2010
Natural Resources
Conservation and Recreation, Department of FY2009 ($500,000) FY2010 ($500,000) GF

Page 335, line 48, strike "$64,245,793" and insert "$63,745,793".
Page 335, line 48, strike "$44,245,793" and insert "$43,745,793".
Page 336, line 51, strike the first "$1,350,000" and insert "$850,000".
Page 336, line 51, strike the second "$1,350,000" and insert "$850,000".

(This amendment reduces the additional general fund support provided for the issuance of loans and grants to private entitites and localities for improving the safety of dams that need renovation or repair. With this action, an additional $500,000 for each year of the biennium will be provided to augment funding for these grants and loans. House Bill 837 of the 2008 Session of the General Assembly also provides another financing method for the improvement of dams -- payment by developers who build within a dam's established spillways or inundation zones. If enacted by the General Assembly, this legislation could reduce the need for the loans and grants the Dam Safety, Flood Prevention and Protection Fund would be required to issue.)