2018 Session

Budget Amendments - SB30 (Committee Approved)

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Transfer Savings from Decrease in Telephone Relay Service (language only)

Item 3-1.01 #1s

Item 3-1.01 #1s

Interfund Transfers


Page 463, after line 24, insert:

"KK. Notwithstanding the provisions of subsection A of § 58.1-662, Code of Virginia, and in addition to clause (i) and (ii) of that subsection, monies in the Communications Sales and Use Tax Trust Fund shall not be allocated to the Commonwealth's counties, cities, and towns until after an amount equal to $2,000,000 each year is allocated to the general fund. The State Comptroller shall deposit to the general fund $2,000,000 on or before June 30, 2019 and an additional $2,000,000 on or before June 30, 2020 from the revenues received from the Communications Sales and Use Tax."


(This amendment transfers $2.0 million each year of the biennium from Communications Sales and Use Tax revenues to the general fund, after payments (i) to the Department of Deaf and Hard-of-Hearing for telephone relay services, and (ii) to localities for any franchise fee amounts due. The amounts represent savings from the decline in the cost of the telecommunications relay services contract.)