2001 Session

Budget Amendments - SB800 (Committee Approved)

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Industrial Site Development Program (language only)

Item 107 #14s

Item 107 #14s

Commerce and Trade
Housing and Community Development, Department of

Page 97, line 19, strike the first "$5,500,000" and insert "$3,000,000".
Page 97, line 19, strike the second "$5,000,000" and insert "$4,000,000".
Page 97, after line 35, insert:
"4.  Financial assistance for the Industrial Site Development Program shall not be unalloted in the second year nor be reduced to a level below $4,000,000 in the second year."

(This amendment modifies language in the introduced budget to reflect the correct amounts available for appropriation in the Industrial Site Development Program. The introduced budget bill reduces the first year appropriation from $5.5 million to $3.0 million. The amendment also directs the agency not to unallot or reduce funds appropriated for the program in FY 2002. A companion budget amendment appropriates an additional $1.0 million in the second year, increasing the total appropriation to $4.0 million.)