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1997 Session

Budget Amendments - SB700 (Committee Approved)

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Child Care Loans for SBFA

Item 388 #8s

Item 388 #8s

First Year - FY1997 Second Year - FY1998
Health And Human Resources
Social Services, Department of FY1997 $250,000 FY1998 $250,000 NGF

Language
Page 256, line 17, strike "$141,603,603" and insert "$141,853,603".
Page 256, line 18, strike "$161,152,957" and insert "$161,402,957".
Page 258, after line 10, insert:
"J.  The Department is authorized to transfer up to $250,000 from this item each year to the Virginia Small Business Financing Authority for loans to center-based and family-home providers of child day care."


Explanation
(This amendment authorizes the Department to continue providing loans to child care providers, through the Virginia Small Business Financing Authority. The source of funding is unspent federal allocations of the Child Care Development Block Grant.)