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2013 SESSION
13101942DWHEREAS, the Commonwealth is home to many major military installations, including the Pentagon and the naval port in Hampton Roads; and
WHEREAS, the Commonwealth is home to tens of thousands of Virginians who work for the federal government in the Washington metropolitan area; and
WHEREAS, a significant number of private sector jobs in Virginia are dependent on companies with federal government contracts; and
WHEREAS, Virginia is the twelfth largest state as measured by population, eleventh when measured by gross domestic product, and tenth when measured by per capita gross domestic product; and
WHEREAS, in 2008, $118.5 billion of federal funds flowed into Virginia as grants, wages, and salaries and as direct payments to individuals as well as in the form of procurement expenditures; and
WHEREAS, the Governor's Budget Bill introduced in the 2013 Session contains $6.7 billion and $7.0 billion, respectively, in federal funds in each year of the biennium, which will be appropriated for operating expenses; and
WHEREAS, as the U.S. Congress and the President make decisions which will continue to affect both the federal budget and federal deficit there remain numerous uncertainties which could substantially impact Virginia and its localities; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, That the Joint Legislative Audit and Review Commission be directed to study the amount of federal revenue that Virginia receives at the state and local level annually, by functional area, and determine its importance and impact.
In conducting its study, the Joint Legislative Audit and Review Commission (JLARC) shall review all sources of Virginia revenue that are due to federal government spending, including grants, wages and salaries, direct payments to individuals, and procurements as well as the indirect benefits to individuals, companies, and state and local governments.
All agencies of the Commonwealth shall provide assistance to JLARC for this study, upon request.
The Joint Legislative Audit and Review Commission shall complete its meetings by November 30, 2013, and the Chairman shall submit to the Division of Legislative Automated Systems an executive summary of its findings and recommendations no later than the first day of the 2014 Regular Session of the General Assembly. The executive summary shall state whether JLARC intends to submit to the General Assembly and the Governor a report of its findings and recommendations for publication as a House or Senate document. The executive summary and report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports and shall be posted on the General Assembly's website.