1997 Session

Budget Amendments - SB700 (Conference Report)

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Newport News

Item 530 #7c

Item 530 #7c

First Year - FY1997 Second Year - FY1998
Central Appropriations
Central Appropriations FY1997 $0 FY1998 $1,000,000 GF

Page 355, line 23, strike "$17,382,102" and insert "$18,382,102".
Page 358, after line 13, insert:
"N. Out of the amounts in this item shall be provided $1,000,000 from the general fund in the second year to the City of Newport News as the state's share of the costs associated with retaining defense-related employment at the shipyard.  The state's share will be matched by the City of Newport News."

(This amendment is self-explanatory.)