2011 Session

Budget Amendments - HB1500 (Conference Report)

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Motion Picture Opportunity Fund

Item 96 #3c

Item 96 #3c

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Economic Development Incentive Payments FY2011 $0 FY2012 ($1,500,000) GF

Page 76, line 3, strike "$76,650,384" and insert "$75,150,384".
Page 77, line 30, strike "$3,000,000" and insert "$1,500,000".
Page 77, line 31, after "first year" insert:
"and $475,000 the second year".

(This amendment provides a net additional $500,000 in the second year to the Motion Picture Opportunity Fund, for a total of $1.5 million to appropriate sufficient funding to attract a major motion picture which would coincide with the observation of the sesquicentennial commemoration of the Civil War and increase tourism in the Commonwealth.)