2012 Special Session I

Budget Amendments - HB1301 (Conference Report)

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Move BRAC Funding to FACT Fund

Item 105 #3c

Item 105 #3c

First Year - FY2013 Second Year - FY2014
Commerce And Trade
Economic Development Incentive Payments FY2013 ($7,500,000) FY2014 $0 GF

Page 71, line 39, strike "$69,861,384" and insert "$62,361,384".
Page 73, strike lines 41 through 54.
Page 74, strike lines 1 through 21.
Page 74, line 22, strike "K" and insert "J".
Page 74, line 32, strike "L" and insert "K".
Page 74, line 36, strike "M" and insert "L".
Page 74, line 44, strike "N" and insert "M".

(This amendment removes the funding for BRAC that had been included under the economic development incentives item in the introduced budget. A companion amendment to Item 470, paragraph K of House Bill 1300, which sets out the funding for the proposed Federal Action Contingency Fund (FACT), provides a like amount from the FACT Fund to address the Commonwealth's commitment to purchase property to eliminate encroachment in the vicinity of the United States Navy Master Jet Base pursuant to the 2005 Base Realignment and Closure Commission.)