2014 Session

Budget Amendments - HB30 (Committee Approved)

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Commonwealth Research Commercialization Fund

Item 101 #4h

Item 101 #4h

First Year - FY2015 Second Year - FY2016
Commerce and Trade
Economic Development Incentive Payments FY2015 ($1,800,000) FY2016 ($1,800,000) GF

Page 79, line 39, strike "$59,321,491" and insert "$57,521,491".
Page 79, line 39, strike "$77,274,499" and insert "$75,474,499".
Page 81, line 22, strike "$4,800,000" and "$4,800,000" and insert:
"$3,000,000" and "$3,000,000".

(This amendment reduces the amount of new funding made available to the Commonwealth Research and Commercialization Fund by $1.8 million each year. $6.2 million a year is retained for the purposes of the Fund, of which $3.0 million a year is held in the economic development incentives holding account and the remaining $3.2 million each year is appropriated to the Center for Innovative Technology's GAP Fund.)