2013 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: LeMunyon
Open Marketing Office in California

Item 123 #3h

Item 123 #3h

First Year - FY2013 Second Year - FY2014
Commerce And Trade
Virginia Economic Development Partnership FY2013 $0 FY2014 $500,000 GF

Page 97, line 18, strike "$17,824,746" and insert "$18,324,746".
Page 98, after line 39, insert:
"O. Out of the amounts for economic development services shall be provided $500,000 the second year from the general fund to establish and operate a Virginia marketing office in the State of California."

(This amendment provides the VEDP $500,000 in the second year for the establishment of a marketing office in California. Virginia has had great success in attracting companies to relocate their business from California to the Commonwealth which could be expanded with a permanent presence.)