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2008 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: McClellan
Co-Patron(s): BaCote, Dance, Jones, D.C., Loupassi, Morrissey, Tyler, Ward, Ware, O.
Federal Grant Funding for DMBE

Item 88 #1h

Item 88 #1h

First Year - FY2009 Second Year - FY2010
Administration
Minority Business Enterprise, Department of FY2009 $2,000,000 FY2010 $1,500,000 NGF

Language
Page 73, line 15, strike "$2,260,281" and insert "$4,260,281".
Page 73, line 15, strike "$2,260,281" and insert "$3,760,281".


Explanation
(This amendment requests a nongeneral fund appropriation of $2.0 million in the first year and $1.5 million in the second year with the anticipation that the Department of Minority Business Enterprise will be receiving a grant from the federal government to implement a program researching SWAM business contracting with the state, developing training for contractors and vendors for best practices in an effort to increase contracting between state government and SWAM and veteran-owned businesses. It is expected that this grant funding would last no fewer than seven years and require DMBE to report to the federal government on an annual basis.)