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2008 SESSION

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HB 474 Virginia War Memorial; State Treasurer to advance loan for construction of an educational wing.

Introduced by: M. Kirkland Cox | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia War Memorial.  Requires the State Comptroller to advance a loan of $5.97 million for the state share of the construction of an educational wing for the Virginia War Memorial and the expansion of the Shrine of Memory to include Virginians killed in action in the War on Terror, in the form of a short-term treasury loan, with no interest, upon certification by the Governor or his desginee that $2 million in private funds have been raised, pledged, or expended to support the projects. The State Comptroller shall advance $500,000 of the $5.97 million upon certification that $1 million in private funds have been raised, pledged, or expended for the educational wing.


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