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2012 Session

Budget Amendments - HB30 (Floor Approved)

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

Item 360 #5h

Item 360 #5h

Natural Resources
Conservation and Recreation, Department of

Language
Page 269, line 29, after "1997.", insert:
"Of the total amount deposited, $754,490 shall be deposited to the Virginia Water Quality Improvement Fund Reserve pursuant to paragraph B. of Item 358 in this act. The remainder, $4,275,443".
Page 269, line 29, strike, "This full amount".


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 Conservation and Recreation 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.)