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2019 Session

Budget Amendments - HB1700 (Member Request)

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Chief Patron: Lopez
Small Business Certification

Item 120 #1h

Item 120 #1h

First Year - FY2019 Second Year - FY2020
Commerce and Trade
Department of Small Business and Supplier Diversity FY2019 $1,254,000 FY2020 $54,000 GF

Language
Page 112, line 25, strike "$7,338,570" and insert "$8,592,570".
Page 112, line 25, strike "$6,763,570" and insert "$6,817,570".


Explanation

(This amendment provides $1,254,000 from the general fund the first year and $54,000 from the general fund the second year to assist the Department of Small Business and Supplier Diversity in certifying small businesses due to changes to the current definition which are based upon regulations utilized by the U.S. Small Business Administration. This amendment is contingent upon passage of House Bill 2398.)