2010 Session

Budget Amendments - SB30 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Herring
Commonwealth Research Commercialization Fund

Item 428 #1s

Item 428 #1s

First Year - FY2011 Second Year - FY2012
Innovation and Entrepreneurship Investment Authority FY2011 $1,000,000 FY2012 $1,000,000 GF

Page 293, line 12, strike "$4,023,750" and insert "$5,023,750".
Page 293, line 12, strike "$4,023,750" and insert "$5,023,750".
Page 294, following line 4, insert
"I. From the amounts appropriated in this Item it is the intent of the General Assembly that $1,000,000 in the first year and $1,000,000 in the second year from the general fund be used to fund competitive grants for technology and life-science research projects through the Commonwealth Research Commercialization Fund."

(This amendment provides $1.0 million in each year from the general fund for research projects eligible for funding under the Commonwealth Research Commercialization Fund, formerly named the Commonwealth Technology Research Fund.)