Natural Resources Commitment Fund; Dept. of Conservation, etc., to provide annual funding needed. (SB1050)
Introduced By
Sen. Mary Margaret Whipple (D-Arlington) with support from co-patrons Del. Bob Brink (D-Arlington), Del. Al Eisenberg (D-Arlington), Del. Steve Landes (R-Weyers Cave), Sen. Adam Ebbin (D-Alexandria), and Sen. Patsy Ticer (D-Alexandria)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Virginia Natural Resources Commitment Fund; funding. Provides that beginning with the 2010-2011 fiscal year and for each fiscal year thereafter, the Governor through the budget process would propose appropriations for funding of the Virginia Natural Resources Commitment Fund (the Subfund). For each fiscal year the Governor would propose appropriations for funding of the Fund in an aggregate amount that would not be less than (i) 150 percent of the greatest, aggregate appropriation to the Fund included in any prior act of the General Assembly or (ii) $30 million, whichever is greater. The bill would also change the formula for distributions from the Fund. Amends § 10.1-2128.1 (“Virginia Natural Resources Commitment Fund established.”), § 10.1-546.1 (“Delivery of Agricultural Best Management Practices Cost-Share Program.”), of the Code of Virginia. View Full Text »
