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2000 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Trumbo
Co-Patron(s): Edwards, Hawkins, Marye, Newman, Puckett, Wampler
VA's Reg. Industrial Facility Authority

Item 107 #5s

Item 107 #5s

First Year - FY2001 Second Year - FY2002
Commerce And Trade
Housing and Community Development, Department of FY2001 $1,700,000 FY2002 $1,700,000 GF

Language
Page 69, line 38, strike "$59,019,069" and insert "$60,719,069".
Page 69, line 38, strike "$59,020,803" and insert "$60,720,803".
Page 72, line 17, strike "H." and insert "H.1.".
Page 72, after line 26, insert:
"2.  Out of the amounts in this Item shall be transferred $1,700,000 the first year and $1,700,000 the second year from the general fund to Virginia's Regional Industrial Facility Authority for expansion purposes."


Explanation
(This amendment provides $3.4 million for Virginia's First Regional Industrial Facility Authority to acquire up to 400 acres of suitable land to increase the inventory of large scale development property in Southwest Virginia. The Authority is comprised of 15 local governments.)