2016 Session

Budget Amendments - SB30 (Committee Approved)

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Funding for the Virginia-Korea Advisory Board

Item 106 #1s

Item 106 #1s

First Year - FY2017 Second Year - FY2018
Commerce and Trade
Economic Development Incentive Payments FY2017 $100,000 FY2018 $100,000 GF
FY2017 1.00 FY2018 1.00 FTE

Page 80, line 23, strike "$99,284,360" and insert "$99,384,360".
Page 80, line 23, strike "$93,109,529" and insert "$93,209,529".

Page 84, after line 15, insert:

"P.1. Out of this appropriation, $100,000 the first year and $100,000 the second year from the general fund shall be provided to the Virginia-Korea Advisory Board.

2. The Virginia-Korea Advisory Board shall seek prior approval of all travel and related expenditures from the Secretary of Commerce and Trade.

3. The Virginia-Korea Advisory Board shall report by January 15 of each year to the Chairmen of the Senate Finance and House Appropriations Committees on the board's activities and expenditure of state funds.".


(This amendment would provide $100,000 GF in each year of the biennium to fund the Virginia-Korea Advisory Board consistent with Senate Bill 116.)