2017 Session

Budget Amendments - HB1500 (Committee Approved)

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DOAV Certification of Grant Expenditures (language only)

Item 438 #1h

Item 438 #1h

Department of Aviation


Page 430, after line 37, insert:

"F. 1. State monies allocated by the Department of Aviation pursuant to § 58.1-638 A. 3., Code of Virginia, may not be used for purposes related to supporting the operation of an airline, either directly or indirectly through grants, credit enhancements or other related means.

2.  The Department of Aviation shall undertake an audit of the use of all funds allocated pursuant to § 58.1-638 A. 3., Code of Virginia over the past three years to ensure that all funds have been used in accordance with the policies of the Virginia Aviation Board and the restrictions contained in paragraph F.1. of this item.  The findings of such audit shall be presented to the Chairmen of the House Appropriations, Senate Finance and House and Senate Transportation Committees no later than November 1, 2017."


(This amendment requires the DOAV to audit all grants provided from the Aviation Subfund of the Transportation Trust Fund to and report the findings of such audits to the General Assembly by November 1, 2017. The language also clarifies that Transportation Trust Fund revenues shall not be used to support the ongoing operations of a particular airline.)