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2000 Session

Budget Amendments - HB29 (Conference Report)

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Capital Access Fund/CIT (language only)

Item 513.60 #1c

Item 513.60 #1c

Technology
Innovative Technology Authority

Language
Page 420, after line 24, insert:
"K.  The Innovative Technology Authority shall deposit $500,000 by June 30, 2000, to the general fund of the state treasury."


Explanation
(This amendment directs the ITA to repay $500,000 to the state for a 1996 appropriation made by the General Assembly to establish a capital access fund. After four years, the fund has not been established.)