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2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Hodges
Eliminate Transfer of Unrefunded Marine Fuels Tax to GF (language only)

Item 3-1.01 #2h

Item 3-1.01 #2h

Transfers
Interfund Transfers

Language

Page 457, strike lines 6 through 10.



Explanation

(This amendment eliminates a transfer of $7.4 million of estimated revenues generated by unrefunded marine fuels tax each year that currently is used to balance the general fund budget and offset the costs of Chesapeake Bay clean up. A companion amendment to Item 376 appropriates these amounts for the enhancement of commercial waterways through the Virginia Waterway Maintenance Grant Program. Adjustments to the front page would be required to reflect the general fund revenue loss.)