2010 Session

Budget Amendments - SB30 (Committee Approved)

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VJIP for Small Businesses (language only)

Item 98 #2s

Item 98 #2s

Commerce And Trade
Business Assistance, Department of

Page 54, line 43, after "C." insert:
"1.  It is the intent of the General Assembly that grants from the Virginia Jobs Investment Program shall be prioritized as follows:  The first priority shall be given to businesses with 100 or fewer employees that create new jobs .  The second priority shall be given to businesses with greater than 100 employees but fewer than 250 employees that create new jobs.  Grants from the program shall be provided to businesses with 250 or more employees only after the needs of smaller businesses have been met."
Page 54, line 43, before "Any" insert "2.".

(This amendment expresses the intent that grants from the VJIP program shall be prioritized for small businesses that create new jobs.)