Item 94 | First Year - FY1997 | Second Year - FY1998 |
|---|---|---|
| Industrial Development Services (53400) | $11,727,331 | $13,488,531 |
| Industrial Development Research (53402) | FY1997 $1,627,691 | FY1998 $1,332,891 |
| Industrial Location Assistance (53404) | FY1997 $2,395,329 | FY1998 $2,622,429 |
| Industrial Promotion (53405) | FY1997 $3,956,600 | FY1998 $3,905,899 |
| International Industrial Development Services (53408) | FY1997 $3,747,711 | FY1998 $4,627,312 |
| Financial Assistance for Industrial Development (53410) | FY1997 $0 | FY1998 $1,000,000 |
| Fund Sources: | ||
| General | FY1997 $11,727,331 | FY1998 $13,488,531 |
Authority: Title 2.1, Chapter 32.1, Code of Virginia, and Discretionary Inclusion.
A. Any unexpended balances in this program on June 30, 1996, and June 30, 1997, relating to implementation of the Economic Opportunity Fund established pursuant to Item 588 of Chapter 994, Acts of Assembly of 1993, are hereby reappropriated. Any unexpended balances in this program on June 30, 1997, relating to implementation of the Economic Opportunity Fund established pursuant to Item 588 of Chapter 994, Acts of Assembly of 1993, are hereby reappropriated and transferred to Item 89 of this act.
B. Out of the amounts in this Item shall be provided $30,000 the first year and $30,000 the second year from the general fund for regional economic development councils. No councils shall be established in regions where councils have been created by the General Assembly or where councils receive general fund appropriations.
C. Out of the amounts in this item shall be provided $105,000 the first year from the general fund to be used to provide staffing, computer hardware and software, and other operating support to George Mason University for the Virginia Economic Bridge Initiative.