2003 Session

Budget Amendments - HB1400 (Committee Approved)

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Regional Competitiveness Program (language only)

Item 96 #1h

Item 96 #1h

Commerce and Trade
Commerce and Trade, Secretary of

Page 83, after line 3, insert:
"C.  The Secretary shall review the existing Regional Competitiveness Program as defined under §§ 15.2-1306 through 15.2-1310, Code of Virginia, and propose a plan that can be used to reestablish the Regional Competitiveness Program.  In completing the plan, the Secretary is encouraged to identify and review the structure and relationships that have been established under the Regional Competitiveness Act.  The Secretary shall also identify existing options that will continue the Commonwealth's efforts to encourage regional strategic economic development planning which identifies and addresses critical issues of economic competitiveness for the regions of Virginia.  All agencies of the Commonwealth shall provide assistance to the Secretary in the development of this plan, upon request.  The Secretary shall submit his final report to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees by November 14, 2003."

(This amendment requires the Secretary of Commerce and Trade to develop a plan to reestablish the Regional Competitiveness Program.)