2006 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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2nd Year Currency Losses

Item 119 #3h

Item 119 #3h

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Virginia Economic Development Partnership FY2007 $0 FY2008 ($200,000) GF

Page 91, line 41, strike "$16,677,701" and insert "$16,477,701".

(This amendment removes $200,000 in the second year of the biennium which was included in the introduced budget to make up for currency related cost increases faced by the Virginia Economic Development Partnership in its foreign offices. First year amounts for this purpose were retained, but because of the frequent fluctuations in the dollar vis a vis international markets, it would be premature to assume second year funding will be required.)