2010 Session

Budget Amendments - SB30 (Conference Report)

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Motion Picture Opportunity Fund

Item 96 #7c

Item 96 #7c

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Economic Development Incentive Payments FY2011 ($100,000) FY2012 $0 GF
FY2011 $100,000 FY2012 $0 NGF

Page 53, line 8, strike "$100,000 the first year from the general fund" and insert:
"an amount estimated at $475,000 the first year from nongeneral funds".
Page 53, line 10, strike "In addition to these amounts, $375,000 in" and insert "These".

(This amendment increases the amounts projected from the digital media fee established pursuant to § 58.1-1731, Code of Virginia. It is estimated that the fee will generate $475,000 each year for the Motion Picture Opportunity Fund.)