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2023 Session

Budget Amendments - SB800 (Committee Approved)

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Additional Support for the Forest Sustainability Fund

Item 108 #1s

Item 108 #1s

First Year - FY2023 Second Year - FY2024
Agriculture and Forestry
Department of Forestry FY2023 $0 FY2024 $10,000,000 GF

Language
Page 96, line 14, strike "$39,041,707" and insert "$49,041,707".

Page 97, line 29, after "$1,000,000 the first year", insert "and $10,000,000 the second year".



Explanation

(This amendment adds $10.0 million GF in FY 2024 to the Forest Sustainability Fund established pursuant to § 58.1-3242.1, Code of Virginia. The fund provides allocations to localities that have adopted a use value assessment and taxation for real estate devoted for forest use.)