2016 Session

Budget Amendments - SB30 (Committee Approved)

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CO - VA Port Authority Bonds and Language

Item C-43 #1s

Item C-43 #1s

First Year - FY2017 Second Year - FY2018
Virginia Port Authority FY2017 ($135,000,000) FY2018 $0 NGF

Page 430, line 4, strike "$350,000,000" and insert "$215,000,000".

Page 430, line 5, strike "$350,000,000" and insert "$215,000,000".

Page 430, line 6, before "The" insert "A.1.".

Page 430, line 8, strike "$350,000,000" and insert "$215,000,000".

Page 430, after line 9, insert:

"2.  Prior to the receipt of any state supported bond proceeds authorized in this Item, the Virginia Port Authority shall comply with all provisions set forth in Item 463 E. of this Act.".

Page 430, line 12, strike "$350,000,000" and insert "$215,000,000".


(This amendment eliminates $135.0 million from bond proceeds in the first year for this project. Other transportation funding of $135.0 million is being provided for this project under Item 463 E. along with additional requirements related to the funding.)