2005 Session

Budget Amendments - HB1500 (Member Request)

Chief Patron: Spruill
Co-Patron(s): Jones S.C., Suit, Howell, A.
Community Development Corporation of Chesapeake

Item 531 #159h

Item 531 #159h

First Year - FY2005 Second Year - FY2006
Nonstate Agencies
State Grants to Nonstate Entities-Nonstate Agencies FY2005 $0 FY2006 $1,250,000 GF

Page 482, after line 18, insert:
"Out of the amounts for Financial Assistance for Cultural and Artistic Affairs, $1,250,000 the second year from the general fund is provided to the Community Development Corporation of Chesapeake."

(This amendment provides $1,250,000 from the general fund in the second year to the Community Development Corporation of Chesapeake. Funding would further economic development activities, particularly in underdeserved areas.)