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1998 Session

Budget Amendments - SB30 (Conference Report)

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Norfolk Southern Project (language only)

Item 547 #16c

Item 547 #16c

Central Appropriations
Central Appropriations

Language
Page 323, after line 12, insert:
"4.

In addition to any award provided pursuant to this paragraph E., the Governor is hereby authorized to increase the general fund appropriation in this Item by an amount not to exceed $3,000,000 from the unappropriated balance derived by subtracting the general fund appropriations from the projected general fund revenues in this act, to assist the City of Norfolk in attracting a major employer investing over $21,000,000 and creating some 330 jobs."


Explanation
(This amendment allows the Governor to provide additional assistance to the City of Norfolk in order to attract a major employer.)