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2026 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Pope Adams
HB1308: VPPA: Professional Services

Item 70 #3h

Item 70 #3h

First Year - FY2027 Second Year - FY2028
Administration
Department of General Services FY2027 $50,000 FY2028 $50,000 GF

Language
Page 72, line 15, strike "$73,089,587" and insert "$73,139,587".
Page 72, line 15, strike "$73,171,396" and insert "$73,221,396".


Explanation

(This amendment provides $50,000 each year from the general fund to support anticipated costs associated with House Bill 1308, which amends the Virginia Public Procurement Act to expand the definition of "professional services" to include a licensed investment advisor, financial advisor, or insurance broker procured by the Department of the Treasury.)