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2010 Session

Budget Amendments - SB30 (Floor Approved)

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Wine Promotion Fund (language only)

Item 3-1.01 #3s

Item 3-1.01 #3s

Transfers
Interfund Transfers

Language
Page 367, strike lines 16 and 17.
Page 367, line 35, strike "$76,223,000" and "$76,223,000", and insert "$75,642,321" and "$75,642,321".
Page 367, line 41, strike "$44,900,000 the first year and $45,400,000" and insert "$45,480,679 the first year and $45,980,679"
Page 367, after line 43, insert:
"C. Pursuant to the provisions of Senate Bill 237 (2010), the portion of wine liter tax collected pursuant to § 4.1-234, Code of Virginia, that is attributable to the sale of wine produced by a farm winery, in an amount estimated at $1,300,000 the first year and $1,300,000 the second year shall be deposited in the Virginia Wine Promotion Fund established pursuant to § 3.2-3005, Code of Virginia."


Explanation
(This amendment implements the provisions of Senate Bill 237 and transfers $1.3 million each year from the general fund to the Wine Promotion Fund. This amendment also includes several technical adjustments. A companion amendment to Item 84 provides a nongeneral fund appropriation to the Wine Board for this purpose.)