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2001 Session

Budget Amendments - SB800 (Committee Approved)

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Economic Development Revolving Fund (language only)

Item 3-1.01 #6s

Item 3-1.01 #6s

Transfers
Interfund Transfers

Language
Page 572, after line 46, insert:
"FF.  On or before June 30, 2001, the State Comptroller shall transfer to the general fund $200,000 from the Virginia Economic Development Revolving Fund at the Department of Business Assistance."


Explanation
(This amendment transfers $200,000 from the Virginia Economic Development Revolving Fund to the general fund, leaving an uncommitted balance of $2.3 million in the Fund for new loans.)