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2013 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Edwards
Capital Access Fund for Disadvantaged Businesses

Item 86 #1h

Item 86 #1h

First Year - FY2013 Second Year - FY2014
Administration
Minority Business Enterprise, Department of FY2013 $2,000,000 FY2014 $2,000,000 NGF
FY2013 1.00 FY2014 1.00 FTE

Language
Page 69, line 15, strike "$2,096,312" and insert "$4,096,312".
Page 69, line 16, strike "$2,072,822" and insert "$4,072,822".


Explanation
(This amendment provides an increased nongeneral fund appropriation of $2.0 million each year for the Capital Access Fund for Disadvantaged Businesses which provides capital for women and minority Small Business Owners seeking to improve and expand their business.)