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2008 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Whipple
Co-Patron(s): Blevins, Colgan, Deeds, Lucas, Marsh, Miller Y.B., Puckett, Puller, Quayle, Reynolds, Stuart, Ticer
Virginia Natural Resources Commitment Fund

Item 361 #3s

Item 361 #3s

First Year - FY2009 Second Year - FY2010
Natural Resources
Conservation and Recreation, Department of FY2009 $0 FY2010 $0 GF
FY2009 $80,000,000 FY2010 $100,000,000 NGF

Language
Page 335, line 48, strike "$64,245,793" and insert "$144,245,793".
Page 335, line 48, strike "$44,245,793" and insert "$144,245,793".
Page 337, line 8, strike "$14,000,000" and insert "$94,000,000 the first year and $100,000,000 the second year".
Page 335, line 18, after "act." insert "Fifty-seven percent of the total amount distributed to the Agricultural Best Management Practices Cost-Share Program shall be used for matching grants for agricultural best management practices on lands exclusively within the Chesapeake Bay watershed; thirty-eight percent shall be used for  matching grants for agricultural best management practices on all other areas of the Commonwealth; and, five percent shall be distributed to Soil and Water Conservation Districts to provide technical assistance for the implementation of such agricultural best management practices."


Explanation
(This amendment provides $80.0 million the first year and $100.0 million the second year from the Virginia Natural Resources Commitment Fund established pursuant to Senate Bill 511 to provide matching grants for the implementation of agricultural best management practices. Funds for improving water quality are matched by farmers for projects that directly reduce the introduction of nutrients and sediment to state waters. Language directs that 57% of the funds shall be used within the Chesapeake Bay watershed, 38% in the rest of the state and 5% is provided to local Soil and Water Conservation Districts to provide technical support to farmers to implement the practices. SB 511 provides that 10 percent of the revenue generated by one percent of the sales and use tax, not to exceed $100,000,000 million, each year is transferred into the Virginia Natural Resources Commitment Fund.)