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2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Bloxom
Promotion of Multiple Use Forestry Management

Item 108 #2h

Item 108 #2h

First Year - FY2023 Second Year - FY2024
Agriculture and Forestry
Department of Forestry FY2023 $1,000,000 FY2024 $0 GF

Language
Page 89, line 30, strike "$47,618,537" and insert "$48,618,537".

Page 90, after line 46, insert:

"M. Out of the amounts of this item, $1,000,000 the first year from the general fund shall be deposited to a special, non reverting fund for the evaluation and development of guidelines for the administration of the fund to promote multiple-use forestry management in Virginia jurisdictions that adopt an ordinance for the use value assessment and taxation for real estate devoted forest use. This money will be used to evaluate the impact of land use valuation for Forestry, support the development of guidelines for the administration of the fund, and, to plan and establish a pilot program."



Explanation

(This amendment provides $1.0 million from the general fund the first year to establish a non-reverting fund to be used to promote multiple-use forestry management in Virginia jurisdiction that adopt certain ordinances.)