2016 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Carrico
Co-Patron(s): Chafin
Unmanned Aerial Systems Accelerator

Item 428 #2s

Item 428 #2s

First Year - FY2017 Second Year - FY2018
Innovation and Entrepreneurship Investment Authority FY2017 $350,000 FY2018 $0 GF

Page 358, line 12, strike "$8,388,090" and insert "$8,738,090".

Page 359, line 47, strike "J." and insert "J.1"

Page 359, following line 49, insert:

"2. In addition to the amounts set forth in paragraph J.1., $350,000 the first year from the general fund shall be made available for the establishment of an Unmanned Aerial Systems Accelerator, a collaborative public private partnership for advancing the unmanned aerial systems industry in the Commonwealth.  Award of this funding shall be contingent upon private matching funds on at least a 1:1 basis.".


(This amendment provides $350,000 GF in the first year for the creation of an Unmanned Aerial Systems Accelerator.)