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2011 SESSION
SB 1385 Year-end surplus of general fund balance; changes priority of assignment.
Introduced by: Charles J. Colgan | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Assignment of year-end surplus. Changes the priority for assigning any year-end surplus by requiring that 10 percent of the general fund balance remaining after funds are set aside for required deposits to the Revenue Stabilization Fund, the Virginia Water Quality Improvement Fund, the Transportation Trust Fund, and other commitments would be assigned to provide funding to the Department of Veterans Services.
FULL TEXT
HISTORY
- 01/14/11 Senate: Presented and ordered printed 11103074D
- 01/14/11 Senate: Referred to Committee on Finance
- 02/08/11 Senate: Left in Finance