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1998 Session

Budget Bill - HB29 (Introduced)

Department of the Treasury

Item 285

Item 285 (Not set out)

First Year - FY1997Second Year - FY1998
Revenue Stabilization Fund (73500)$66,624,672$58,314,172
Fund Sources:  
GeneralFY1997 $66,624,672FY1998 $58,314,172

Authority: Title 2.1, Chapter 14, Article 2.1, Code of Virginia.


1. Out of this appropriation, $66,624,672 attributable to actual tax collections for the fiscal year 1994-95, as certified by the Auditor of Public Accounts, shall be paid by the State Comptroller on or before June 30, 1997, into the Revenue Stabilization Fund, pursuant to § 2.1-191.2, Code of Virginia.


2. The remainder of this appropriation, estimated at $58,314,172, attributable to tax collections for the fiscal year 1995-96 shall be paid into the Revenue Stabilization Fund by the State Comptroller on or before June 30, 1998, based on the certification of the Auditor of Public Accounts of actual revenues for the fiscal year 1995-96.