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2022 SESSION

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22104347D
SENATE BILL NO. 707 Offered January 21, 2022 A BILL to amend the Code of Virginia by adding in Article 8 of Chapter 5 of Title 29.1 a section numbered 29.1-580, relating to Wildlife Corridor Grant Fund; established. ---------- Patron-- Marsden ---------- Referred to Committee on Agriculture, Conservation and Natural Resources ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding in Article 8 of Chapter 5 of Title 29.1 a section numbered 29.1-580 as follows:

§ 29.1-580. Wildlife Corridor Grant Fund.

There is hereby created in the state treasury a special nonreverting fund to be known as the Wildlife Corridor Grant Fund, referred to in this section as "the Fund." The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of providing grants to localities to develop wildlife corridor plans and implement the provisions of such plans. Expenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director.