2009 Session

Budget Amendments - HB1600 (Conference Report)

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VIP Grants

Item 105 #4c

Item 105 #4c

First Year - FY2009 Second Year - FY2010
Commerce And Trade
Commerce and Trade, Secretary of FY2009 $0 FY2010 ($1,562,756) GF

Page 100, line 4, strike "$14,262,756" and insert "$12,700,000".
Page 101, line 48, strike "and $1,562,756 the".
Page 101, line 49, strike "second year".
Page 101, line 53, after "Virginia.", insert:
"The Governor shall restore $1,562,756 the second year for this item from funds received by the Commonwealth from the flexible fund component of the State Fiscal Stabilization Fund authorized under the American Recovery and Reinvestment Act of 2009."

(This amendment eliminates the second year general funding for the Virginia Investment Performance Grant Fund. A companion amendment in Item 475.50 restores the same amount from federal stimulus funds available under the American Recovery and Reinvestment Act of 2009.)