2010 Session

Budget Amendments - SB30 (Floor Approved)

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Computer Equipment and Enabling Software Grant (language only)

Item 96 #5s

Item 96 #5s

Commerce And Trade
Economic Development Incentive Payments

Page 52, after line 43, insert:
"8.  Out of these amounts shall be paid an amount not to exceed $2,400,000 the first year for a grant for the reimbursement of sales and use taxes paid by an eligible entity for purchase of certain computer equipment and enabling hardware pursuant to the second enactment clause of Senate Bill 130 (2010)."

(This amendment fulfills the Commonwealth's commitment to an entity that is required to make a new capital investment of at least $150.0 million and create at least 50 new jobs associated with the operation or maintenance of a data center.)