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2014 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Ward
Co-Patron(s): BaCote, Dance, Spruill, Tyler
Capital Access for DBs

Item 118 #1h

Item 118 #1h

First Year - FY2015 Second Year - FY2016
Commerce and Trade
Small Business and Supplier Diversity, Department of FY2015 $2,000,000 FY2016 $2,000,000 GF

Language
Page 90, line 42, strike "$8,233,953" and insert "$10,233,953".
Page 90, line 42, strike "$8,246,586" and insert "$10,246,586".


Explanation
(This amendment would provide $2.0 million from the general fund each year to increase funding in the Capital Access Fund for Disadvantaged Businesses to provide capital for minority and women-owned small businesses seeking to improve and expand their businesses and create new job opportunities for the unemployed in the Commonwealth of Virginia.)