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1998 SESSION

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(HB38)

AMENDMENTS PROPOSED BY THE HOUSE COMMITTEE ON FINANCE

    1. Page 1, introduced, line 40, after Fund

      insert

        , except as provided in subsection E of § 58.1-638

    2. Page 4, introduced, line 26, after tax

      insert

        , up to an annual amount of $13 million,

    3. Page 4, introduced, line 33, after Fund.

      insert

        At any time that the balance in the Capital Improvement Fund, established under § 29.1-101.1, is equal to or in excess of $35 million, any portion of sales and use tax revenues that would have been transferred to the Game Protection Fund, established under § 29.1-101, in excess of the net operating expenses of the Board, after deduction of other amounts which accrue to the Board and are set aside for the Game Protection Fund, shall remain in the general fund until such time as the balance in the Capital Improvement Fund is less than $35 million.