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2019 Session

Budget Amendments - HB1700 (Floor Approved)

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Defer New Supplemental Prog - Norfolk Botanical Gardens

Item 135 #10h

Item 135 #10h

First Year - FY2019 Second Year - FY2020
Education
Direct Aid to Public Education FY2019 ($2,000,000) FY2020 $0 GF

Language
Page 134, line 4, strike "$33,621,945" and insert "$31,621,945".

Page 134, strike lines 35 and 36.

Page 135, line 21, strike "$33,621,945" and insert "$31,621,945".

Page 142, strike lines 51 through 53.



Explanation

(This amendment captures $2.0 million the first year from the general fund for deferring funding to the new Norfolk Botanical Garden's The Garden of Tomorrow project. This amendment removes funding proposed in House Bill 1700 as introduced for a new program at the Botanical Garden. 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.)