2011 Session

Budget Amendments - SB800 (Committee Approved)

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Fully Fund Enterprise Zone Program

Item 101 #1s

Item 101 #1s

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Housing and Community Development, Department of FY2011 $0 FY2012 $6,500,000 GF

Page 84, line 48, strike "$13,423,354" and insert "$19,923,354".
Page 85, line 2, strike "$13,150,000" and insert "$19,650,000".

(This amendment provides $6.5 million from the general fund in the second year to fully fund the Enterprise Zone Program . The program provides grants for real property investment and job creation in economically distressed areas. The program has been consistently over-subscribed and during the past year grants have been prorated at 62 cents for each dollar of qualified projects due to a lack of adequate funding.)