2010 Session

Budget Amendments - SB30 (Conference Report)

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Level Fund VIP Grant Fund

Item 96 #6c

Item 96 #6c

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Economic Development Incentive Payments FY2011 $0 FY2012 ($1,011,948) GF

Page 51, line 39, strike "$44,310,384" and insert "$43,298,436".
Page 52, line 48, strike "$2,807,329" and insert "$1,795,381".

(This amendment provides level funding in the amount of $1,795,381 from the general fund each year for the Virginia Investment Partnership Grant Fund. The General Assembly will evaluate the actual level of funding needed in the second year during the 2011 Session.)