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2020 Session

Budget Amendments - SB30 (Committee Approved)

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Designate Unneeded Funding for Training Centers Bond Defeasance (language only)

Item 331 #1s

Item 331 #1s
Health and Human Resources
Intellectual Disabilities Training Centers

Language

Page 332, after line 47, insert:

"The Director, Department of Planning and Budget shall transfer $2,000,000 the first year and $2,000,000 the second year from the general fund to the Department of the Treasury by June 30 of each year to be provided for the defeasance costs of bonds related to Central Virginia Training Center."

Explanation

(This amendment designates $2.0 million each year from the general fund budgeted for Training Center operations to be used by June 30 of each year to pay down the bond defeasance costs for Central Virginia Training Center.)

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