2007 Session

Budget Amendments - HB1650 (Conference Report)

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Research & Development Center

Item 104 #1c

Item 104 #1c

First Year - FY2007 Second Year - FY2008
Commerce And Trade
Housing and Community Development, Department of FY2007 $0 FY2008 ($330,000) GF

Page 101, line 23, strike "$42,574,099" and insert "$42,244,099".
Page 105, line 8, unstrike $1,160,00" and strike "$1,490,000".
Page 105, line 11, unstrike "two" and strike "three".
Page 105, line 12, strike "Covington,".
Page 105, line 18, after "enhancements.", insert:
"The Department shall submit a report to the Chairmen of the Senate Finance and House Appropriations Committees by December 31, 2007, on the benefits and costs of the two regional research and development centers, including but not limited to the number of jobs created or retained by participating industries, investments made by participating institutions of higher education, and number of joint higher education-private sector projects."

(This amendment removes a proposed $330,000 in new appropriation in the second year for a research and development center in Covington. Budget language requires the department to submit a report on the progress made by the two other regional research and development centers funded in 2006.)