2020 Special Session I

Budget Bill - HB5005 (Introduced)

View Item amendments

Department of Accounts Transfer Payments

Item 275

Item 275 (Not set out)

First Year - FY2021Second Year - FY2022
Revenue Cash Reserve (23700)$0$300,000,000
Appropriated Revenue Reserve (23701)FY2021 $0FY2022 $300,000,000
Fund Sources:  
GeneralFY2021 $0FY2022 $300,000,000

Authority: Title 2.2, Chapter 18, Article 4.1, Code of Virginia.

Notwithstanding any contrary provision of law, there is hereby appropriated in this item $300,000,000 from the general fund the second year to the Revenue Reserve established pursuant to § 2.2-1831.2, Code of Virginia, to mitigate any potential revenue or transfer shortfalls that may arise during the biennium.