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2020 Session

Budget Amendments - HB30 (Conference Report)

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Adjust Appropriation to Reflect Provisions of HB 1414 / SB 890

Item 451 #4c

Item 451 #4c

First Year - FY2021 Second Year - FY2022
Transportation
Department of Transportation FY2021 $5,000,000 FY2022 $1,416,911 NGF

Language
Page 437, line 17, strike "$1,029,300,669" and insert "$1,034,300,669".
Page 437, line 17, strike "$1,036,179,898" and insert "$1,037,596,809".

Page 437, line 19, strike “$395,959,093” and insert “$400,214,593”.

Page 437, line 19, strike “$411,291,188” and insert “$414,141,162”.

Page 437, line 21, strike “$72,141,397” and insert “$70,708,334”.



Explanation

(This amendment updates the appropriation to the Virginia Department of Transportation Financial Assistance to Localities Program to reflect the provisions of House Bill 1414 and Senate Bill 890 of the 2020 General Assembly, in addition to the amounts assumed in House Bill 30, as introduced. Additional new revenue to the Financial Assistance to Localities Program is estimated at $5.0 million from the nongeneral fund the first year and $1.4 million from the nongeneral fund the second year. The funding included in this amendment is based on preliminary estimates of the legislation. It is the intention of the General Assembly to adjust the funding in enrollment to reflect the final estimates.)