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2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

Move Racing Commission 1

Item 99.1 #1h

Item 99.1 #1h

First Year - FY2015 Second Year - FY2016
Agriculture and Forestry
Virginia Racing Commission FY2015 $1,500,000 FY2016 $1,500,000 NGF

Language
Page 77, after line 33. insert:
"Economic Development Services (53400) $1,500,000 $1,500,000
Financial Assistance to the Horse Breeding Industry (53411) $1,500,000 $1,500,000
Fund Source:
Special $1,500,000 $1,500,000
Authority:  Title 59.1, Chapter 29, Code of Virginia."


Explanation
(This amendment moves one of the two items associated with the Virginia Racing Commission. House Bill 1074 of the 2014 Session moves the Commission from the Secretariat of Commerce and Trade to the Secretariat of Agriculture and Forestry to better reflect the needs of the industry. A companion amendment to Item 99.2 moves the remaining portion of the Commission within Agriculture and Forestry and two amendments eliminate the funding from Items 124 and 125 and transfer the same amounts and language to the Secretariat of Agriculture and Forestry.)