2012 Session

Budget Amendments - HB30 (Committee Approved)

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CRCF Fund Balances (language only)

Item 105 #1h

Item 105 #1h

Commerce And Trade
Economic Development Incentive Payments

Page 74, line 43, after "businesses.", insert:
"Any monies from these amounts that have not been allocated at the end of each fiscal year shall not revert to the general fund but shall be distributed for other purposes designated by the Research and Technology Investment Advisory Committee and aligned with the Research and Technology Roadmap."

(This amendment stipulates that any balances in the Commonwealth Commercialization Research Fund allocated to the Small Business Innovation Matching Research Fund may be used for other purposes outlined for the Fund.)