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2013 Session

Budget Amendments - HB1500 (Conference Report)

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Training Funds for V3 Program

Item 462 #2c

Item 462 #2c

First Year - FY2013 Second Year - FY2014
Veterans Affairs and Homeland Security
Veterans Services, Department of FY2013 $0 FY2014 $300,000 GF

Language
Page 420, line 26, strike "$7,566,622" and insert "$7,866,622".
Page 87, after line 40, insert:
"4. Out of this appropriation, up to $300,000 the second year from the general fund shall be provided for training and equipment purchases to support the Virginia Values Veterans Program.  The Department of Veterans Services shall develop program guidelines to ensure that the funding mechanism effectively attracts maximum participation of firms to increase the number of veterans hired.  Such funds may be used by companies hiring returning or disabled military veterans for new full-time jobs located in the Commonwealth that pay an annual salary of at least $30,000 and for which the returning or disabled military veteran is employed continuously throughout the year.  A full-time job is defined as a minimum of either 35 hours per week for at least 48 weeks or 1,680 hours per year."


Explanation
(This amendment authorizes the Department of Veterans Services to use up to $300,000 in the second year from the general fund to support costs associated with training and equipment needs of companies in order to encourage the hiring of returning or disabled military veterans.)