2016 Session

Budget Amendments - SB30 (Committee Approved)

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Ensure proceeds from VEC surplus property are redeposited in agency programs (language only)

Item 126 #2s

Item 126 #2s

Commerce and Trade
Virginia Employment Commission


Page 96, line 36, strike "A", insert "A.1.".

Page 96, following line 42, insert:

"2. The proceeds from the disposition of facilities originally purchased from this fund shall be redeposited in the fund and used to support programs administered by the VEC.".


(This amendment ensures that the proceeds from facilities disposed of in order to comply with the Workforce Innovation and Opportunity Act are deposited in the Special Unemployment Compensation Administration Fund to be used for carrying out programs under the Virginia Employment Commission. The Appropriation Act currently stipulates the uses of the Administration fund and this amendment would ensure that resources remain in this fund for the approved purposes.)