2024 Session

Budget Amendments - HB30 (Floor Approved)

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Adjust Richmond PILOT for new GAB

Item 71 #1h

Item 71 #1h

First Year - FY2025 Second Year - FY2026
Department of General Services FY2025 $100,000 FY2026 $100,000 GF

Page 70, line 10, strike "$61,649,076" and insert "$61,749,076".
Page 70, line 10, strike "$55,166,571" and insert "$55,266,571".

Page 71, line 37, strike "$70,000" and insert "$170,000".


(This amendment provides $100,000 each year from the general fund to increase the payment in lieu of taxes to the City of Richmond in recognition of the recent completion and occupation of the new General Assembly Building (GAB). Presently, the Appropriation Act specifies that a set amount of $70,000 per fiscal year is provided for the GAB and the State Capitol Building, a set amount that has not increased since it was first established in 2010.)