This amendment authorizes a Treasury loan in the amount of $1.7 million in each year of the biennium to VDOT to help offset losses faced by the City of Portsmouth as a result of substantial quantities of personal property being transferred from private to state ownership under the revised lease terms for the VIG facility in Portsmouth. The intent would be to provide these loans for 3 years, after which time substantial expansion and new equipment purchases at the VIG facility will provide additional personal property taxes in amounts more than sufficient to provide for payback of the loan.