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2012 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Governor McDonnell
Reflect changes in general fund resources (language only)

Item 0 #1g

Item 0 #1g

Revenues
Revenues

Language
Page 1, Line 33, strike "($43,595,396)" insert "($43,845,396)".
Page 1, Line 33, strike "$46,436,472 " insert "$46,186,472 ".
Page 1, Line 35, strike "$15,726,601,262 " insert "$15,719,975,847 ".
Page 1, Line 35, strike "$30,445,087,991 " insert "$30,438,462,576 ".
Page 1, Line 37, strike "$420,855,811 " insert "$420,652,614 ".
Page 1, Line 37, strike "$843,992,256 " insert "$843,789,059 ".
Page 1, Line 40, strike "$16,103,861,677 " insert "$16,096,783,065 ".
Page 1, Line 40, strike "$32,402,499,172 " insert "$32,395,420,560 ".
Page 2, Line 8, strike "$41,433,675,572 " insert "$41,426,596,960 ".
Page 2, Line 8, strike "$85,924,771,458" insert "$85,917,692,846".


Explanation
(This amendment reflects various proposed changes in general fund resources on page one of the budget bill. Specifically, these changes include a $250,000 reduction in additions to balance resulting from the reappropriation of amounts for Veterans Care Center site evaluation, a reduction in revenue of $6.6 million resulting from the movement of the earned income tax credit from fiscal year 2013 to fiscal year 2012, a reduction in revenue of $25,415 resulting from allowing the Parking Fund in the Department of General Services to retain interest earned, a reduction in transfers to the general fund of $2,689 resulting from the restoration of reverted amounts to the State Asset Forfeiture Fund in the Department of Agriculture and Consumer Services, and a reduction in transfers to the general fund of $200,508 from the restoration of reverted amounts to the State and Local Law Enforcement Equipment Procurement Program in the Department of State Police.)