2000 Session

Budget Amendments - SB30 (Committee Approved)

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Governor's Film Fund

Item 548 #9s

Item 548 #9s

First Year - FY2001 Second Year - FY2002
Central Appropriations
Central Appropriations FY2001 $0 FY2002 ($1,000,000) GF

Page 374, line 48, strike "$1,250,000" and insert "$250,000".
Page 376, line 33, strike "G." and insert "G.1.".
Page 376, line 34, strike "and $1,000,000 the second year".
Page 376, after line 40, insert:
"2.  The Virginia Tourism Authority shall report by December 15 of each year to the Chairmen of the Senate Finance and House Appropriations Committees on the status of the Governor's Motion Picture Opportunity Fund.  The report shall include, but not be limited to, the number of eligible productions receiving funds under §2.1-548.61 of the
; the value of those productions filmed in Virginia in terms of dollars spent in Virginia, numbers of Virginians employed, and sales and income taxes directly generated from the productions; and the expenditures made and obligations incurred by the Fund."

(This amendment removes second year funding of $1.0 million for the Governor's Motion Picture Opportunity Fund. Budget language is included requiring the Virginia Tourism Authority to report on the effectiveness and financial condition of the Fund for the 2001 Session.)