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2012 Session

Budget Amendments - HB1301 (Committee Approved)

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Provide Required Deposit to WQIF Reserve -- DEQ (language only)

Item 366 #1h

Item 366 #1h

Natural Resources
Environmental Quality, Department of

Language
Page 273, line 7, after "1997.", insert:
"Of the total amount deposited, $6,790,409 shall be deposited to the Virginia Water Quality Improvement Fund Reserve pursuant to paragraph B. of Item 358 this act."


Explanation
(This amendment provides for the legislatively-required deposit of 15 percent from the total Water Quality Improvement Fund appropriations provided to the Department of Environmental Quality to the Water Quality Improvement Fund Reserve. This reserve fund was created by the General Assembly during the 2004 Session and permits the General Assembly to provide continued funding for water quality initiatives when year-end general fund surpluses and other sources of appropriations are unavailable.)