2008 Session

Budget Amendments - SB30 (Conference Report)

View Budget Item
View Budget Item amendments

Replace Reverted GF for Transportation

Item 462 #1c

Item 462 #1c

First Year - FY2009 Second Year - FY2010
Transportation, Department of FY2009 $0 FY2010 ($180,000,000) GF
FY2009 $180,000,000 FY2010 $0 NGF

Page 411, line 28, strike "general fund" and insert:
"Commonwealth Transportation Fund."
Page 411, strike lines 29 through 40 and insert:
"C.  The Commonwealth Transportation Funds appropriated in the first year of this item shall be used to meet required expenditures for the purposes set out in Item 449.10, Chapter 847, 2007 Session of the General Assembly."

(This amendment is a companion to Item 459 #1, which authorizes the Commonwealth Transportation Board to issue $180 million in bonds to replace general funds that were appropriated for this purpose by the 2007 General Assembly. These general funds were from a projected surplus that never materialized due the economic downturn. This amendment reverts $180 million to the general fund and provides a nongeneral fund appropriation to complete the commitment set out in Chapter 847 for specific transportation projects.)