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2018 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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Small Business and Supplier Diversity

Item 65 #1h

Item 65 #1h

First Year - FY2019 Second Year - FY2020
Administration
Secretary of Administration FY2019 $64,216 FY2020 $64,216 GF
FY2019 1.00 FY2020 1.00 FTE

Language
Page 45, line 3, strike "$1,323,909" and insert "$1,388,125".
Page 45, line 3, strike "$1,323,909" and insert "$1,388,125".


Explanation

(This amendment increases funding of $64,216 from the general fund and 1 FTE each year of the biennium for the Division of Selected Agency Support to administer incentives programs in conjunction with the Virginia Economic Development Partnership (VEDP) as a result of moving certain small business development incentive programs to VEDP that were formally managed by the Department of Small Business and Supplier Diversity. There are companion amendments to Items 103, 120 and 122 to help facilitate this reassignment of responsibilities.)