2014 Session

Budget Amendments - HB30 (Committee Approved)

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Adjust Matching Requirement for the Virginia Association of Broadcasters (language only)

Item 126 #1h

Item 126 #1h

Commerce and Trade
Virginia Tourism Authority

Page 97, line 34, strike "$240,036" and insert "$390,036".
Page 97, line 35, strike "$240,036" and insert "$390,036".

(This amendment corrects the embedded number relating to the matching requirement for the Virginia Association of Broadcasters (VAB). The program requires a three-to-one funding match by the VAB to funding provided by the Virginia Tourism Authority (VTA). Funding provided by the VTA for the first and second years is set at $130,012. A three-to-one match would require a matching commitment of $390,036. However, the embedded dollar amount is listed at $240,036. This amendment would update the embedded number to reflect the matching requirement.)