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2001 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Deeds
Governor's Development Opportunity Fund (language only)

Item 548 #6h

Item 548 #6h

Central Appropriations
Central Appropriations

Language
Page 484, after line 36, insert:
"9.  For localities that are among the ten local governments with the highest composite fiscal stress index as determined by the most recent calculation of the Commission on Local Government; that have experienced population decreases of more than five percent in the two most recent U.S. census counts; and have a median resident age at least five years above the statewide average, shall not have to provide a local match to qualify for funding through the
Governor's Development Opportunity Fund for projects that will create at least 50 jobs."


Explanation
(This amendment provides revised eligibility requirements for certain localities to qualify for funding through the Governor's Development Opportunity Fund.)