2023 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Stuart
Restore State Recordation Tax Revenue to Localities

Item 266 #1s

Item 266 #1s

First Year - FY2023 Second Year - FY2024
Department of Accounts Transfer Payments FY2023 $0 FY2024 $20,000,000 GF

Page 302, line 3, strike "$585,380,000" and insert "$605,380,000".

Page 302, after line 55, insert:

"2. Out of this appropriation, amounts estimated at $20,000,000 the second year from the general fund shall be distributed to counties and cities, pursuant to the provisions of § 58.1-816B.(ii), Code of Virginia."

Page 303, line 1, strike "2" and insert "3".


(This amendment provides $20.0 GF million the second year from state recordation tax revenue to localities for transportation or education purposes to be distributed pursuant to § 58.1-816B.(ii), Code of Virginia.)