1998 Session

Budget Bill - HB30 (Introduced)

View Item amendments

Department of Fire Programs

Item 459

Item 459

First Year - FY1999Second Year - FY2000
Financial Assistance to Localities-General (72800)$9,938,384$9,938,384
Distribution of Fire Programs Fund (72807)FY1999 $9,938,384FY2000 $9,938,384
Fund Sources:  
SpecialFY1999 $9,938,384FY2000 $9,938,384

Authority: § 38.2-401, Code of Virginia.

A. Notwithstanding the distribution formula in § 38.2-401, Code of Virginia, all interest earned from the Fire Programs Fund shall be distributed to localities.

B. From existing balances, $350,000 shall be maintained as the Fire Programs Emergency Fund pursuant to Item 444 of Chapter 924, 1997 Acts of Assembly.