2000 Session

Budget Amendments - HB30 (Committee Approved)

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Martinsville Small Business Program

Item 103 #5h

Item 103 #5h

First Year - FY2001 Second Year - FY2002
Commerce And Trade
Business Assistance, Department of FY2001 $50,000 FY2002 $0 GF

Page 66, line 26, strike "$22,518,960" and insert "$22,568,960".
Page 66, line 48, strike "C." and insert "C.1."
Page 67, after line 22, insert:
"2.  Out of the amounts for Industrial Development Services shall be provided $50,000 the first year from the general fund to the Martinsville Industrial Development Authority to plan and develop a small business incubator program."

(This amendment provides a $50,000 grant to the Martinsville IDA to plan and develop a small business incubator program. The amendment is a recommendation of the Virginia Tech Economic Development Assistance Center.)