2010 Session

Budget Amendments - HB30 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Armstrong
Use of GOF Repayments (language only)

Item 96 #1h

Item 96 #1h

Commerce And Trade
Economic Development Incentive Payments

Page 52, line 33, after "Commonwealth" insert:
"and may be granted to political subdivisions to provide funds pursuant to the Major Employment and Investment Project Site Planning Fund administered by the Virginia Economic Development Partnership."

(This amendment expands language included in House Bill 30 as introduced to allow for the use of up to $5.0 million in "clawbacks" to the Governor's Development Opportunity Fund for local site planning projects.)