2018 Session

Budget Amendments - SB30 (Floor Approved)

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GO Virginia Regional Allocations (language only)

Item 106 #4s

Item 106 #4s

Commerce and Trade
Department of Housing and Community Development


Page 90, after line 12, insert "3. The Virginia Growth and Opportunity Board may allocate monies among the distributions outlined in section M.2. to meet demonstrated demand for funds. However, only those regional councils whose allocation is less than $750,000 in a fiscal year based on the region's share of state population shall be eligible to receive an additional allocation, and the amount shall be limited such that the total allocation does not exceed $750,000 in a fiscal year."  


(This amendment authorizes the Virginia Growth and Opportunity Board to reallocate monies between distributions described in the appropriation act in order to increase funding to regional councils that would otherwise receive less than $750,000 based on the region's share of state population. The only reallocations authorized are those that would increase the region's allocation up to $750,000.)