HB 5097 General fund; use of year-end balance to be designated by Comptroller.
Vincent F. Callahan, Jr. | all patrons    ...    notes
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Summary as introduced:
Use of year-end general fund balance.  Provides that any fiscal year-end general fund balance that is not otherwise reserved or designated shall be designated by the Comptroller in the amount of 50% for nonrecurring non-transportation expenditures and 50% for transportation expenditures.  The bill would provide for the Comptroller to make such designation only after amounts have been reserved for the Revenue Stabilization Fund, the Virginia Water Quality Improvement Fund, and other required designations have been set aside.  The bill would require the Governor to recommend appropriations in the budget bill that would be consistent with the Comptroller's designations for nonrecurring non-transportation expenditures and transportation expenditures.

Full text:
09/25/06  House: Presented and ordered printed 061874260  pdf
09/26/06  House: Committee substitute printed 063413260-H1  pdf

Status:
09/25/06  House: Presented and ordered printed 061874260
09/25/06  House: Referred to Committee on Appropriations
09/26/06  House: Reported from Appropriations with substitute (21-Y 0-N)
09/26/06  House: Committee substitute printed 063413260-H1
09/27/06  House: Read first time
09/28/06  House: Read second time
09/28/06  House: Committee substitute agreed to 063413260-H1
09/28/06  House: Engrossed by House - committee substitute HB5097H1
09/28/06  House: Constitutional reading dispensed
09/28/06  House: Passed House (91-Y 3-N)
09/28/06  House: VOTE: PASSAGE (91-Y 3-N)
09/28/06  House: Communicated to Senate
09/28/06  Senate: Referred to Committee on Finance
09/29/06  Senate: Left in Finance