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2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Lopez
HB 903 - Virginia Green Infrastructure Bank

Item 121 #3h

Item 121 #3h

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Mines, Minerals and Energy FY2023 $5,000,000 FY2024 $5,000,000 GF

Language
Page 104, line 48, strike "$34,315,826" and insert "$39,315,826".
Page 104, line 48, strike "$4,315,826" and insert "$9,315,826".

Page 105, after line 32, insert:

"F. Out of this appropriation, $5,000,000 the first year and $5,000,000 the second year from the general fund to support the operations of the Virginia Green Infrastructure Bank consistent with the provisions of House Bill 903 of the 2022 Session of the General Assembly."



Explanation

(This amendment provides $5.0 million from the general fund each year for the operations of the Virginia Green Infrastructure Bank pursuant to House Bill 903. This amendment is a placeholder until a fiscal impact statement for the bill is produced.)