2017 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Poindexter
Solar Energy Program

Item 120 #1h

Item 120 #1h

First Year - FY2017 Second Year - FY2018
Commerce and Trade
Department of Mines, Minerals and Energy FY2017 $0 FY2018 ($1,100,000) GF

Page 102, line 6, strike "$4,104,748" and insert "$3,004,748".

Page 102, line 26, strike :

“C. Out of this appropriation, $1,100,000 the second year from the general fund is provided to support the development of the solar industry in the Commonwealth. Of these funds, $350,000 shall be used to support a revolving loan program and $750,000 shall be used to support a loan loss reserve program. The department shall submit specific criteria and guidelines for these programs and the awarding of these funds to the Governor prior to any expenditure of this appropriation.”


(This amendment eliminates funding in the second year from the general fund for a proposed solar energy program.)