2011 Session

Budget Amendments - HB1500 (Conference Report)

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Reallocation of NPS WQIF Deposit (language only)

Item 351 #5c

Item 351 #5c

Natural Resources
Conservation and Recreation, Department of

Page 305, line 37, after "1997.", strike the remainder of line.
Page 305, strike lines 38 through 40, and insert:
"Of the total amount deposited, $4,919,805 shall be deposited to the Virginia Water Quality Improvement Fund Reserve pursuant to paragraph B. of Item 349 of this act."
Page 305, line 42, strike "$14,000,000" and insert "$27,878,895".

(This amendment serves two purposes. First, the amendment eliminates language that prohibited any portion of the year-end general fund surplus deposited into the Water Quality Improvement Fund from being transferred to the Water Quality Improvement Fund Reserve Fund. This reserve fund was established by the General Assembly as a means to continue improving Virginia's water quality when either year-end general fund surpluses or other appropriations were unavailable. The amount to be transferred to the WQIF Reserve Fund from year-end general fund surpluses is 15 percent, which totals $4.9 million. Second, the amendment increases the amount of the year-end general fund surplus allocated to the Virginia Natural Resources Commitment Fund. This Natural Resources Commitment Fund is dedicated to the implementation of agricultural best management practices.)