2002 Session

Budget Amendments - HB30 (Conference Report)

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Semiconductor Manufacturing Performance Grants.

Item 512 #5c

Item 512 #5c

First Year - FY2003 Second Year - FY2004
Central Appropriations
Central Appropriations FY2003 $0 FY2004 ($6,720,000) GF

Page 369, line 1, strike "$27,201,049" and insert "$20,481,049".
Page 372, strike lines 53 through 57 and insert:
"J.  Notwithstanding the provisions of §§ 59.1-284.14 and 59.1-284.15, Code of Virginia, grant payments under the Semiconductor Memory or Logic Wafer Manufacturing Performance Grant Programs I & II, as provided for in §§ 59.1-284.14 and 59.1-284.15, Code of Virginia, shall begin in the 2004-2006 biennium."
Page 373, strike lines 1 through 8.
Page 373, line 9, strike "L" and insert "K".

(This amendment adjusts the funding for the semiconductor grant programs. It also states that it is the intent of the General Assembly that funding for the semiconductor manufacturing performance grant programs be provided in the 2004-2006 biennium.)