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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Bulova
HB 316 - Virginia Recycling Development Center

Item 362 #5h

Item 362 #5h

First Year - FY2025 Second Year - FY2026
Natural and Historic Resources
Department of Environmental Quality FY2025 $2,532,000 FY2026 $2,532,000 GF

Language
Page 419, line 43, strike "$32,107,409" and insert "$34,639,409".
Page 419, line 43, strike "$32,107,409" and insert "$34,639,409".

Page 420, after line 18, insert:

"D.1. Out of this appropriation, $2,532,000 the first year and $2,532,000 the second year from the general fund is provided to effectuate the provisions of House Bill 316 of the 2024 Session of the General Assembly.

2. Of the amounts in this paragraph, $2,000,000 the first year and $2,000,000 the second year from the general fund shall be used to capitalize the Recycling Market Development Fund.

3. Of the amounts in this paragraph, $532,000 the first year and $532,000 the second year from the general fund shall be used by the department for program administration."



Explanation

(This amendment provides $2.5 million each year to establish Virginia Recycling Development Center and to capitalize the Recycling Market Development Fund, pursuant to House Bill 316.)