2011 Session

Budget Amendments - SB800 (Committee Approved)

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Eliminate BRAC Funding

Item 96 #2s

Item 96 #2s

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Economic Development Incentive Payments FY2011 $0 FY2012 ($7,500,000) GF

Page 76, line 3, strike "$76,650,384" and insert "$69,150,384".
Page 78, line 1, strike "and $7,500,000 in the".
Page 78, line 2, strike "second year".

(This amendment eliminates $7.5 million from the general fund in the second year for payments related to the 2005 Base Realignment and Closure Commission actions to mitigate encroachment around Oceana Naval Air Station. To date the Commonwealth has provided $37.5 million for this purpose and it was the intent of the 2010 General Assembly to discontinue these payments after fiscal year 2011.)