2001 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Ticer
Co-Patron(s): Byrne, Edwards, Hanger, Howell, Lambert, Lucas, Marsh, Puller
Advantage VA Electronic Procurement

Item 504 #2s

Item 504 #2s

First Year - FY2001 Second Year - FY2002
Innovative Technology Authority FY2001 $0 FY2002 $2,000,000 GF

Page 440, line 34, strike "$13,520,112" and insert "$15,520,112".
Page 441, after line 49, insert:
"J.  Out of the amounts for this Item shall be $2,000,000 the second year from the general fund for the Innovative Technology Authority to make grants of up to $5,000 to Virginia small businesses that are approved by the federal General Services Administration to be listed on the Federal Supply Schedule but are not yet listed on the federal agency's electronic procurement website.  Grants shall be used by approved small businesses to be listed on a Virginia-based, federally approved electronic procurement website in accordance with Senate Bill 234 and Senate Bill 1351.".

(This amendment provides $2.0 million of general fund support assisting Virginia small businesses to be listed on electronic procurement websites to make them eligible for participation in the federal procurement process.)