2012 Session

Budget Amendments - SB30 (Committee Approved)

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Virginia Beach BRAC from FACT Fund

Item 105 #6s

Item 105 #6s

First Year - FY2013 Second Year - FY2014
Commerce And Trade
Economic Development Incentive Payments FY2013 ($7,500,000) FY2014 $0 GF

Page 71, line 39, strike "$69,861,384" and insert "$62,361,384".
Page 73, line 41, strike "for this Item" and insert "for Item 470 K.1. of Senate Bill 29 (2012)".
Page 73, line 52, after "sources." insert:
"This appropriation is not subject to the conditions established in Item 470 K. 4. of Senate Bill 29 (2012)."

(This amendment provides $7.5 million from the Federal Action Contingency Trust (FACT) Fund to the City of Virginia Beach to mitigate encroachment around Oceana Naval Air Station.)