2016 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Landes
Eliminate New Funding for Housing Trust Fund

Item 108 #1h

Item 108 #1h

First Year - FY2017 Second Year - FY2018
Commerce and Trade
Department of Housing and Community Development FY2017 ($6,000,000) FY2018 ($6,000,000) GF

Page 84, line 35, strike "$55,715,827" and insert "$49,715,827".
Page 84, line 35, strike "$55,715,827" and insert "$49,715,827".

Page 85, line 31, after "Item," strike "$10,000,000" and "$10,000,000" and insert:

"$4,000,000" and  "$4,000,000".


(This amendment eliminates new funding, of $6.0 million from the general fund each year, for the Virginia Housing Trust Fund. The amendment would set the appropriation for the trust fund at $4.0 million which is equal to the fiscal year 2016 funding level.)