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2007 SESSION

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073436824
SENATE BILL NO. 1352 Offered January 16, 2007 A BILL to authorize the State Treasurer to advance a no-interest, short-term treasury loan for an educational wing for the Virginia War Memorial. ----------
Patrons-- Stosch, Colgan, Deeds, Edwards, Hanger and Puller; Delegates: Cole, Hargrove and Lingamfelter
---------- Referred to Committee on Finance ----------

Be it enacted by the General Assembly of Virginia:

1. § 1. That upon certification by the Secretary of Administration that $2 million in private funds have been raised, are available, and will be used to support construction of an educational wing for the Virginia War Memorial, the State Treasurer shall advance a loan of $3.5 million to the Department of General Services for the state share of the construction in the form of a short-term treasury loan, with no interest.