2016 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Davis
Allocate Funding for Autonomous Vehicle Study (language only)

Item 428 #3h

Item 428 #3h

Innovation and Entrepreneurship Investment Authority


Page 359, line 47, after "J." insert "1.".

Page 359, after line 49, insert:

"2. Out of the funds included in this paragraph, $250,000 each year shall be allocated for a joint research and development project between Virginia universities and a private industry for the continued development of autonomous vehicles. Expenditure  of the state general fund is contingent on a matching expenditure of  $250,000  by the private firm."    


(This amendment is self-explanatory.)