2002 Session

Budget Amendments - HB29 (Committee Approved)

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Enterprise Zone Job Grant Program

Item 108 #1h

Item 108 #1h

First Year - FY2001 Second Year - FY2002
Commerce And Trade
Housing and Community Development, Department of FY2001 $0 FY2002 ($611,500) GF

Page 87, line 20, strike "$2,811,500" and insert "$2,200,000".
Page 87, line 28, strike "2,811,500" and insert "2,200,000".
Page 87, line 34, after "2002." insert:
"Notwithstanding the provisions of § § 59.1-282.2 and 59.1-282.3, Code of Virginia, the Department is authorized to prorate the amount of awards each business receives to match the appropriation for this item."

(This amendment reduces the proposed increase in the enterprise zone job grant program and authorizes the Department to prorate awards if necessary.)