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2024 Session

Budget Amendments - SB30 (Floor Approved)

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Redirect Virginia Power Innovation Fund Deposit

Item 110 #1s

Item 110 #1s

 First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Energy FY2025 ($6,000,000) FY2026 $0 GF

Language
Page 108, line 15, strike "$11,866,474" and insert "$5,866,474".

Page 108, strike lines 21 and 22.

Explanation

(This amendment redirects $6.0 million from the general fund provided for a deposit to the Virginia Power Innovation Fund in Senate Bill 30 as introduced to other initiatives. The Virginia Power Innovation Fund was capitalized with a deposit of $4.0 million in Chapter 1, 2023 General Assembly, Special Session I.)

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