2014 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Joannou
Reduce VPA Admin for PILOT

Item 456 #1h

Item 456 #1h

First Year - FY2015 Second Year - FY2016
Virginia Port Authority FY2015 ($50,000) FY2016 ($50,000) NGF

Page 390, line 19, strike "$75,642,073" and insert "$75,592,073".
Page 390, line 19, strike "$78,969,634" and insert "$78,919,634".

(This amendment reduces the VPA administrative budget by $50,000 each year from the nongeneral fund. A companion amendment to Item 455 uses these funds to increase the payments in lieu of taxes provided to Virginia's port host cities.)