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2020 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Vogel
Virginia Thoroughbred Project

Item 385 #7s

Item 385 #7s

First Year - FY2021 Second Year - FY2022
Natural Resources
Department of Historic Resources FY2021 $1,000,000 FY2022 $0 GF

Language
Page 384, line 46, strike "$11,567,711" and insert "$12,567,711".

Page 386, following line 47, insert:

"N. Out of the amounts for Financial Assistance for Historic Preservation, $1,000,000 the first year from the general fund shall be paid to the Montpelier Foundation for support of the Virginia Thoroughbred Project."



Explanation

(This amendment provides a one-time funding of $1.0 million GF in the first year to the Montpelier Foundation for the Virginia Thoroughbred Project to replace the loss of funding from the Thoroughbred Retirement Foundation.)