Tuesday, December 2, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
SB662: Virginia War Memorial; State Treasurer to advance loan for construction of an educational wing.
Be it enacted by the General Assembly of Virginia:
1. § 1. That upon certification by the Secretary of Administration that $2 million in private funds have been raised, that: (i) are currently available or have been expended, and (ii) were or will be used to support construction of an educational wing for the Virginia War Memorial and expand the Shrine of Memory to include Virginians killed in action in the War on Terror, the State Comptroller shall advance a loan of $5.97 million to the Department of General Services for the state share of the construction in the form of a short-term treasury loan, with no interest.
§ 2. The State Comptroller shall advance $500,000 of the $5.97 million upon certification that $1 million in private funds have been raised or expended for the educational wing. The $500,000 advance shall be used for the educational wing portion of the project.
2. That Chapter 580 of the Acts of Assembly of 2007 is repealed.
Be it enacted by the General Assembly of Virginia:
1. § 1. That upon certification by the Secretary of Administration that $2 million in private funds have been raised, that: (i) are currently available or have been expended, and (ii) were or will be used to support construction of an educational wing for the Virginia War Memorial and expand the shrine of memory for War on Terror Virginians killed in action, the State Treasurer shall advance a loan of $5.97 million to the Department of General Services for the state share of the construction in the form of a short-term treasury loan, with no interest.
§ 2. The State Treasurer shall advance $500,000 of the $5.97 million upon certification that $1 million in private funds have been raised or expended for the educational wing. This amount shall be used for the educational wing portion of the project.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.