2006 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Kilgore
Co-Patron(s): Bowling, Dudley, Johnson, Nutter, Phillips
Southwest Virginia Economic Development Alliance

Item 102 #3h

Item 102 #3h

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Business Assistance, Department of FY2007 $150,000 FY2008 $150,000 GF

Page 80, line 14, strike "$12,764,728" and insert "$12,914,728".
Page 80, line 14, strike "$12,695,160" and insert "$12,845,160".
Page 81, after line 11, insert:
"E. Out of the amounts provided for Economic Development Services shall be provided $150,000 in the first year and $150,000 in the second year from the general fund for Virginia Economic Bridge to promote and economic development plan for the Southwest region of the Commonwealth."

(This amendment provides $150,000 from the general fund each year to Virginia Economic Bridge, a non-profit business and workforce development corporation organized to promote an economic development plan for Southwest Virginia. These funds would be used for the development and coordination of the Southwest Virginia Economic Development Alliance in partnership with the area planning district commissions, workforce investment boards, technology councils, institutions of higher education and public education consortia throughout the region to develop and implement a regional strategy for economic growth.)