2010 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Hanger
Restore Interest Funds for DGIF and VMRC License Fees (language only)

Item 3-3.03 #2s

Item 3-3.03 #2s

General Fund Deposits
Interest Earnings

Page 377, strike line 28.
Page 377, strike lines 31 through 35.

(This amendment deletes certain funds from the list of funds from which the Governor's budget proposed to not allocate interest earnings. These funds in the Marine Resources Commission and the Department of Game and Inland Fisheries are derived from fishing, hunting and boating license fees. The Federal Aid in Wildlife Restoration Act (16 U.S.C. § 669 et seq.) and the Federal Aid in Sport Fish Restoration Act (16 U.S.C. § 777 et seq.) specifically prohibit the diversion of these funds, including interest, for any purpose other than administration of fish and wildlife programs. The Code of Virginia (§§ 28.2-201.8 and 29.1-103.2) assents to the provisions of the federal acts. Diversion of the interest from these funds would cause the Commonwealth to potentially forfeit millions of dollars in federal funds from these acts.)