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2014 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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Local Fiscal Impact Review

Item 108 #1h

Item 108 #1h

First Year - FY2015 Second Year - FY2016
Commerce and Trade
Housing and Community Development, Department of FY2015 $35,000 FY2016 $0 GF

Language
Page 87, line 26, strike "$2,783,145" and insert "$2,818,145".


Explanation
(This one-time request for funds would allow the Commission on Local Government to develop a web-based application for more efficiently managing and consolidating data necessary for the preparation of fiscal estimates for legislation affecting local government expenditures and revenues, pursuant to § 30-19.03, Code of Virginia. The Commission anticipates a heavier workload with the passage of House Bill 199 of the 2014 Session, which would authorize the Department of Planning and Budget and the Department of Taxation to refer bills to the Commission for purposes of preparing local fiscal estimates. This is a recommendation of the Task Force for Local Fiscal Impact Review.)