123#1h (DMME) Solar Photovoltaic Program Funding. HB30

State Budget

2004 Session

Budget Amendments - HB30 (Committee Approved)

Bill Order » Item 123 #1h

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Solar Photovoltaic Program Funding

Item 123 #1h

Item 123 #1h	First Year - FY2005	Second Year - FY2006
Commerce And Trade
Mines, Minerals and Energy, Department of	FY2005 ($1,877,758)	FY2006 $0	GF

Language
Page 82, line 22, strike "$2,916,120" and insert "$1,038,362".
Page 82, line 27, strike "A."
Page 82, strike line 32 through line 36.

Explanation
(This amendment eliminates funding in the first year for the Solar Photovoltaic Incentive Program. The Commonwealth already has paid in excess of $5.0 million in incentives to the recipient of these grants although the firm has closed its operations in the Commonwealth.)

Item 123

Item 123	First Year - FY2005	Second Year - FY2006
Resource Management Research, Planning, and Coordination (50700)	$2,916,120	$1,038,362
Energy Conservation Advisory Services (50703)	FY2005 $2,916,120	FY2006 $1,038,362
Fund Sources:
General	FY2005 $1,916,120	FY2006 $38,362
Federal Trust	FY2005 $1,000,000	FY2006 $1,000,000

Authority: Title 45.1, Chapter 26, Code of Virginia.

A. Out of the amounts for Energy Conservation Advisory Services shall be provided $38,362 the first year and $38,362 the second year from the general fund for dues and expenses for the Southern States Energy Board.

B. Out of the amounts for Energy Conservation Advisory Services shall be provided up to $1,877,758 the first year from the general fund for solar photovoltaic manufacturing incentive grants in accordance with § 45.1-392, Code of Virginia.

State Budget

2004 Session

Budget Amendments - HB30 (Committee Approved)

Solar Photovoltaic Program Funding

Item 123 #1h

Item 123 #1h

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Item 123