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2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Landes
Unrefunded Marine Fuels for NRCF (language only)

Item 3-1.01 #4h

Item 3-1.01 #4h

Transfers
Interfund Transfers

Language

Page 457, after line 10, insert:

"Notwithstanding the provisions of § 58.1-2289 D., Code of Virginia, any amounts generated by unrefunded motor fuels sales taxes for watercraft in excess of $7,416,469 the first year and $7,416,469 the second year shall be deposited to the Natural Resources Commitment Fund, a subfund of the Water Quality Improvement Fund as established in § 10.1-2128.1, Code of the Virginia.  The funds deposited to this subfund shall be disbursed for agricultural best management practices pursuant to § 10.1-2128.1, Code of the Virginia.  The Director, Department of Planning and Budget, is directed to develop an estimate of the total amount of unrefunded motor fuels sales taxes for watercraft in order to accurately estimate amounts to be dispersed according to this provision.)



Explanation

(This amendment directs all unrefunded marine fuels not directed to the general fund to be deposited to the Natural Resources Commitment Fund and be used for agricultural best management practices.)