2010 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Kilgore
VCSFA Use of Ticket Sales Revenues (language only)

Item 114 #2h

Item 114 #2h

Commerce And Trade
Virginia Economic Development Partnership

Page 63, line 50, after "Authority." insert:
"Any sales tax revenue derived from commercial space launch and zero gravity flights for astronaut training generated at the Mid Atlantic Regional Spaceport is to be disbursed to the Virginia Commercial Space Flight Authority.  Fifty percent of any such revenue shall be used to supplement the general operational budget of the Commercial Space Flight Authority.  The remaining fifty percent of such revenue is to be used to purchase educational zero gravity flights for Virginia Public School teachers and students through an academic competition assisted by the Virginia Department of Education to stimulate STEM education."

(This amendment would direct any sales tax revenue from commercial space launch ticket sales and astronaut training to the Commercial Space Flight Authority. Fifty percent would be used for Authority operations and fifty percent for purchasing zero gravity flights for Virginia public school teachers and students.)