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2025 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Boysko
SB 1123: Extreme Weather Relief Act (language only)

Item 361 #3s

Item 361 #3s
Natural and Historic Resources
Department of Conservation and Recreation

Language

Page 474, after line 27, insert:

"The Department of Conservation and Recreation is hereby authorized to request and receive a treasury loan to fund the necessary start-up costs associated with the implementation of Senate Bill 1123 of the 2025 General Assembly Session, the Extreme Weather Relief Act. The treasury loan shall be repaid for these costs at such time as cost recovery demand payments are paid to the treasury pursuant to the Extreme Weather Relief Act."

Explanation

(This amendment authorizes a Treasury Loan for the necessary start-up costs associated with the implementation of Senate Bill 1123, which authorizes the Commonwealth to recover financial damages from major oil refiners and extractors associated with the economic impact of climate change in Virginia.)

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