HB2240: War Memorial; State Treasurer to advance loan for construction of wing.

HOUSE BILL NO. 2240
Offered January 10, 2007
Prefiled January 9, 2007
A BILL to authorize the State Treasurer to advance a no-interest, short-term treasury loan for an educational wing for the Virginia War Memorial.
Patron-- Cox

Committee Referral Pending

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, are available, and will be used to support construction of an educational wing for the Virginia War Memorial, the State Treasurer shall advance a loan of $3.5 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.