2017 Session

Budget Amendments - HB1500 (Committee Approved)

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Continue Workgroup Reviewing VARisk (language only)

Item 76 #2h

Item 76 #2h

Compensation Board


Page 65, line 38, strike "convene a" and insert:

"continue convening the same".  

Page 65, line 38, after "stakeholders" insert:

"that met three times during 2016 and which is".

Page 65, line 40, after "governments" insert:

". The stakeholder group shall continue".

Page 65, line 44, strike "its" and insert:

"this continuing".

Page 65, line 46, strike "five (5)" and insert:

"six (6)".

Page 65, line 49, after "period." insert:

"The stakeholder group shall consider the current statutory requirements specifying when localities must prepare budgets, the impact on local governments of the currently utilized system that allows large unanticipated VARisk premium increases, and the resulting hardships on localities caused by an inability to budget for these increases."

Page 65, line 54, after "coverage." strike the remainder of line.

Page 65, strike line 55.

Page 66, strike line 1.

Page 66, line 2, after "shall" insert:

"continue to explore whether proper and current full funding of these liability programs would be desirable and".  

Page 66, line 7, after "their" insert "final".

Page 66, line 7, after "findings" insert:

"and recommendations".

Page 66, line 7, strike "2016" and insert "2017".

Page 66, strike lines 9 and 10.  


(This amendment amends the language regarding the workgroup reviewing the VARisk program, relating to its coverage for constitutional offices and regional jails. The amendments extends the workgroup another year and clarifies the issues for consideration.)