Menu
2019 Session

Budget Amendments - SB1100 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Black
Virginia Jobs Investment Program

Item 103 #1s

Item 103 #1s

First Year - FY2019 Second Year - FY2020
Commerce and Trade
Economic Development Incentive Payments FY2019 $0 FY2020 $3,000,000 GF

Language
Page 99, line 47, strike "$43,823,498" and insert "$46,823,498".

Page 102, line 33, strike "$2,669,833" and insert "$5,669,833".



Explanation

(This amendment increases the deposit to the Virginia Jobs Investment Program (VJIP) Fund by $3.0 million in FY 2020. VJIP is a discretionary incentive program administered by the Virginia Economic Development Partnership used to offset a company's recruitment and training costs.)