Land Conservation Fund; disbursement of moneys. (SB942)

Introduced By

Sen. Patsy Ticer (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Land Conservation Fund disbursements. Establishes a threshold that determines how the unrestricted funds in the Virginia Land Conservation Fund will be expended. If, by September, the new deposits in the Fund are less $10 million, 25% of the moneys in the Fund is allocated to the Open-Space Land Preservation Trust (OSLPTF) Fund and 75% is disbursed in the form of grants equally among the following four uses: natural area protection, open spaces and parks (including land for hunting, fishing or wildlife watching), farmlands and forest preservation, and historic area preservation. If the Fund contains $10 million or more, the OSLPTF receives 25 % of the moneys in the Fund and the remaining funds are awarded equally in the form of grants among five uses: natural area protection, open spaces and parks (including land for hunting, fishing or wildlife watching), farmland preservation, forestland conservation, and historic area preservation. Any OSLPTF funds not disbursed or committed to a project by the end of the fiscal year reverts to the Virginia Land Conservation Fund to be redistributed among the authorized uses. Read the Bill »

Status

02/21/2007: signed by governor

History

DateAction
01/09/2007Prefiled and ordered printed; offered 01/10/07 072543118
01/09/2007Referred to Committee on Agriculture, Conservation and Natural Resources
01/16/2007Constitutional reading dispensed (39-Y 0-N)
01/17/2007Read second time
01/17/2007Reading of amendments waived
01/17/2007Committee amendments agreed to
01/17/2007Engrossed by Senate as amended SB942E
01/17/2007Printed as engrossed 072543118-E
01/18/2007Read third time and passed Senate (39-Y 0-N)
01/18/2007VOTE: (39-Y 0-N) (see vote tally)
01/18/2007Communicated to House
01/23/2007Impact statement from DPB (SB942E)
02/02/2007Placed on Calendar
02/02/2007Read first time
02/02/2007Referred to Committee on Agriculture, Chesapeake and Natural Resources
02/07/2007Reported from Agriculture, Chesapeake and Natural Resources (22-Y 0-N) (see vote tally)
02/08/2007Read second time
02/09/2007Read third time
02/09/2007Passed House BLOCK VOTE (92-Y 0-N)
02/14/2007Enrolled
02/14/2007Bill text as passed Senate and House (SB942ER)
02/14/2007Signed by President
02/14/2007Signed by Speaker
02/19/2007Impact statement from DPB (SB942ER)
02/21/2007G Approved by Governor-Chapter 77 (effective 7/1/07)
03/13/2007G Acts of Assembly Chapter text (CHAP0077)

Duplicate Bills

The following bills are identical to this one: HB2825.