2019 Session

Budget Amendments - HB1700 (Committee Approved)

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Remove Increase in VLCF Funding

Item 363 #1h

Item 363 #1h

First Year - FY2019 Second Year - FY2020
Natural Resources
Department of Conservation and Recreation FY2019 ($5,500,000) FY2020 ($5,500,000) GF

Page 401, line 16, strike "$63,895,919" and insert "$58,395,919".
Page 401, line 16, strike "$67,793,291" and insert "$62,293,291".

Page 401, line 34, strike "$5,500,000 the first".

Page 401, line 35, strike "year and $10,000,000".

Page 401, line 35, unstrike "$4,500,000".


(This amendment removes funding proposed in House Bill 1700 as introduced for the Virginia Land Conservation Fund. 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. Chapter 2, as adopted by the General Assembly in the 2018 Special Session 1 provided no general fund support for the VLCF in fiscal year 2019 in reflection of the fact that the Foundation is receiving $71.7 million for land purchases from a series of environmental and historic resources settlements. These amounts were deemed sufficient for land and easement purchases in the short term. Second year funding was maintained at the 2018 level of $4.5 million.)