2002 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Reynolds
GDOF Local Match Requirements (language only)

Item 512 #1s

Item 512 #1s

Central Appropriations
Central Appropriations

Page 370, after line 36 insert:
5.  Match requirements for local governments required by
2.2-115 of the Code of Virginia
or by policies and guidelines issued by the Virginia Economic Development Partnership shall not apply for project applications made by local governments where net employment in the localities decreased by at least 5,000 full-time jobs during the period of 1993 through 2001."

(This amendment exempts those local governments who have experienced chronic loss of local employment from the match requirements of the Governor's Development Opportunity Fund.)