2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Fund Source Change for Port Dredging

Item 454 #2h

Item 454 #2h

First Year - FY2015 Second Year - FY2016
Virginia Port Authority FY2015 $0 FY2016 ($6,500,000) GF

Page 387, line 14, strike "$85,625,159" and insert "$79,125,159".
Page 389, after line 47, insert:
"D.  From the amounts appropriated in Item 446 of this act, $3,500,000 from Commonwealth Transportation Funds the first year and $6,500,0000 from  Commonwealth Transportation Funds the second year shall be provided for environmental studies related to the dredging of the Hampton Roads Harbor channel to 55 feet and the Elizabeth River channel to 45 feet.  To the extent authorized by the Secretary of Transportation, an amount not to exceed $2,500,000 from this authorization may be provided to the U.S. Army Corps of Engineers for the Commonwealth's share of costs previously incurred in construction of the Hampton Roads Harbor Channel."

(This amendment provides $10.0 million in nongeneral fund resources appropriated for work related to the dredging of the Hampton Roads Harbor and Elizabeth River channels. House Bill 30 as introduced had used general fund resources for this purpose.)