2020 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Willett
HB 633 - Implementation Costs for Tax Deduction for Energy Saving Products

Item 282 #1h

Item 282 #1h

First Year - FY2021 Second Year - FY2022
Department of Taxation FY2021 $87,945 FY2022 $87,402 GF
FY2021 1.00 FY2022 1.00 FTE

Page 258, line 12, strike "$61,232,085" and insert "$61,320,030".
Page 258, line 12, strike "$61,589,772" and insert "$61,677,174".


(This amendment provides $87,945 in the first year and $87,402 in the second year from the general fund pursuant to the passage of House Bill 633 in the 2020 Virginia General Assembly session, which creates a tax deduction for energy saving products. Costs laid out in this amendment provide the Department of Taxation with additional support to administer this deduction.)