2011 Session

Budget Amendments - HB1500 (Conference Report)

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De-Authorized Unneeded Amts of Bonds (language only)

Item 462 #2c

Item 462 #2c

Virginia Port Authority

Page 395, line 49, strike "$155,000,000" and insert "$125,000,000".

(This amendment reduces the authority provided in House Bill 1500 to issue up to $155.0 million in Virginia Port Authority bonds to $125.0 million based on reported reduced issuance needs of the Authority in light of the new capacity arising from the purchase of the APM Terminal in Portsmouth.)