2000 Session

Budget Amendments - HB29 (Committee Approved)

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CIT Venture Capital Fund

Item 513.60 #1h

Item 513.60 #1h

First Year - FY1999 Second Year - FY2000
Innovative Technology Authority FY1999 $0 FY2000 ($500,000) GF

Page 418, line 48, strike "$13,150,662" and insert "$12,650,662".

(This amendment reduces funding for the Innovative Technology Authority, based on the allocation of $500,000 to the agency from the general fund in 1996 to establish a venture capital program. The program has not been implemented and no plans exist to move the program forward.)