2019 Session

Budget Amendments - SB1100 (Committee Approved)

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Virginia Business Ready Sites Program

Item 122 #1s

Item 122 #1s

First Year - FY2019 Second Year - FY2020
Commerce and Trade
Virginia Economic Development Partnership FY2019 ($19,000,000) FY2020 $1,000,000 GF

Page 115, line 16, strike "$51,597,198" and insert "$32,597,198".
Page 115, line 15, strike "$35,107,392" and insert "$36,107,392".


(This amendment provides an increase of $1.0 million GF each year for the Virginia Business Ready Sites program. Funding will be used to assess and estimate the cost to develop industrial sites to "project-ready" status, and to provide development grants to ready strategically significant sites for development with the goal of making Virginia more competitive in attracting high paying jobs and capital investment.)