2001 Session

Budget Amendments - HB1600 (Committee Approved)

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Economic Development Grant Payments

Item 124 #2h

Item 124 #2h

First Year - FY2001 Second Year - FY2002
Commerce and Trade
Virginia Economic Development Partnership FY2001 $0 FY2002 $500,000 GF

Page 104, line 25, strike "$32,006,393" and insert "$32,506,393".
Page 107, after line 20, insert:
"R.  Out of the amounts for Industrial Development Services shall be provided $500,000 the second year from the general fund for the Economic Development Grant Program to localities pursuant to the provisions of §§15.2-946.1 through 15.2-946.4, Code of Virginia."

(This amendment provides funding to partially restore reductions for the Economic Development Grant Program established by the 2000 General Assembly.)