2019 Session

Budget Amendments - HB1700 (Committee Approved)

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Virginia Arts Festival World Class Education Program

Item 135 #4h

Item 135 #4h

First Year - FY2019 Second Year - FY2020
Direct Aid to Public Education FY2019 $0 FY2020 ($400,000) GF

Page 134, line 4, strike "$32,373,459" and insert "$31,973,459".

Page 135, strike line 10.

Page 135, line 21, strike "$32,373,459" and insert "$31,973,459".

Page 142, strike lines 44 through 50.

Line 51, strike "LL." and insert "KK".


(This amendment saves $400,000 the second year from the general fund for the newly proposed Virginia Arts Festival World Class Education Program. This amendment removes funding proposed in House Bill 1700 as introduced for the Arts Festival. The Committee budget funding levels were limited to the additional dollars available pursuant to the economic reforecast presented in December, identified programmatic savings, and revenues generated by legislation expanding the collection of sales tax attributable to internet sales. All revenues attributable to the Tax Cuts and Jobs Act (TCJA) are captured in the Taxpayer Relief Fund and the Revenue Reserve Fund in Item 475.10. This required removing approximately $1.2 billion in spending compared to House Bill 1700 as introduced.)