Item 470 | First Year - FY2017 | Second Year - FY2018 |
|---|---|---|
| Veterans Benefit Services (46700) | $13,527,038 | $16,824,308 |
| Case Management Services for Veterans Benefits (46701) | FY2017 $6,832,648 | FY2018 $7,609,744 |
| Virginia Veteran and Family Support Services (46702) | FY2017 $3,973,448 | FY2018 $5,370,564 |
| Veterans Employment and Transition Services (46703) | FY2017 $2,720,942 | FY2018 $3,844,000 |
| Fund Sources: | ||
| General | FY2017 $12,244,984 | FY2018 $15,542,254 |
| Dedicated Special Revenue | FY2017 $600,000 | FY2018 $600,000 |
| Federal Trust | FY2017 $682,054 | FY2018 $682,054 |
Authority: Title 2.2, Chapters 20, 24, 26, and 27, Code of Virginia.
A. 1. Out of this appropriation, up to $500,000 in the first year and up to $500,000 in the second year from the general fund the second year shall be provided to address the costs associated with support of a grant program to create employment opportunities for veterans by assisting Virginia employers in hiring and retaining veterans. The Department of Veterans Services shall develop program guidelines to ensure that the funding mechanism effectively attracts maximum participation of firms to increase the number of veterans hired.
2. Such funds shall be used to provide grants beginning July 1, 2015, to any business located in Virginia with 300 or fewer employees which has hired a veteran on or after July 1, 2014, with the following additional requirements: (a) each such veteran shall have been hired within five years of the date of his or her discharge from active military service and (b) each such veteran shall have been continuously employed by the business in a full-time job for at least one year. The grant shall equal $1,000 per qualifying business for each veteran who has been hired, and who qualifies under the provisions of this item, up to a maximum grant of $10,000 per business in the fiscal year.
3. Grants shall be issued in the order that each completed eligible application is received. In the event that the amount of eligible grants requested in a fiscal year exceeds the funds available in the Fund, such grants shall be paid in the next fiscal year in which funds are available.
4. The Department shall report no later than October 1 of each fiscal year after the program is implemented on the demand for the program, and any shortage of funding resulting from requests in excess of the available appropriation.
B. Included in the appropriation for this Item is $900,000 the second year from the general fund for the Virginia Veteran Entrepreneurship Grant program.
C. Any general fund appropriation for the Virginia Veteran and Family Support Services service area which remains unexpended at the end of the first year shall be reappropriated and allotted for expenditure for the second year.