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2015 Session

Budget Amendments - SB800 (Committee Approved)

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CO - Language -Planning Funds for CCAM AMAAC and Regional Centers of Excellence (language only)

Item C-46.10 #1s

Item C-46.10 #1s

Central Appropriations
Central Capital Outlay

Language
Page 494, line 29, after "D." insert "1."
Page 494, after line 35, insert:
“2. Out of this appropriation, up to $1.5 million may be used to reimburse any costs incurred by the Commonwealth Center for Advanced Manufacturing for detailed facility planning to improve the likelihood of being awarded a federal grant and to shorten the implementation timeline for the development of an Advanced Manufacturing Apprentice Academy Center and four Regional Centers of Excellence.”


Explanation
(This language amendment would allow $1.5 million to be reimbursed for planning funds related to an Advanced Manufacturing Apprentice Academy Center (AMAAC) and four Regional Centers of Excellence. A federal grant is to be obtained for this purpose and previous budget language authorized $25 million in bond proceeds as a potential state contribution upon receipt of the federal grant, as certified by the Virginia Economic Development Partnership (VEDP) and the Commonwealth Center for Advanced Manufacturing (CCAM). Reimbursement would occur once a federal grant is received for this purpose.)