2019 Session

Budget Amendments - HB1700 (Committee Approved)

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Communication Sales and Use Tax Fund (language only)

Item 3-1.01 #6h

Item 3-1.01 #6h

Interfund Transfers


Page 560, line 9, after "$2,000,000", strike the remainder of line and insert:

"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."

Page 560, strike line 10 through 11.


(This amendment restores language that directs revenue collected from the Communications Sales and Use Tax be transferred to the general fund in order to provide increased resources for the Virginia Telecommunications Initiative, a program that assists localities with acquiring access to broadband telecommunications.)