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2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

Enterprise Zone Program

Item 112 #1c

Item 112 #1c

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Department Of Housing And Community Development FY2007 $1,000,000 FY2008 $0 GF

Language
Page 86, line 55, strike "$13,678,467" and insert "$14,678,467".
Page 87, line 3, strike "$13,500,000" and insert "$14,500,000".


Explanation
(This amendment provides an additional $1.0 million the first year of general fund support for the Virginia Enterprise Zone program in order to avoid the proration of incentives for small-qualified and large-qualified businesses and for job grants.)