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2013 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Locke
Co-Patron(s): Alexander, Lucas, Marsh, McEachin
PACE Program

Item 86 #1s

Item 86 #1s

First Year - FY2013 Second Year - FY2014
Administration
Minority Business Enterprise, Department of FY2013 $2,000,000 FY2014 $2,000,000 GF
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".
Page 69, following line 39, insert:
"B. From the amounts included in this Item, there is hereby appropriated $2,000,000 in the first year and $2,000,000 in the second year from the general fund to the Capital Access Fund for Disadvantaged Businesses to support the Providing Access to Capital for Entrepreneurs loan guaranty program."


Explanation
(This amendment provides a net total of $4.0 million GF in support of the Providing Access to Capital for Entrepreneurs loan guaranty program.)