2021 Special Session I

Budget Amendments - HB1800 (Committee Approved)

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International Trade Plan Funding

Item 130 #1h

Item 130 #1h

First Year - FY2021 Second Year - FY2022
Commerce and Trade
Virginia Economic Development Partnership FY2021 $0 FY2022 $1,400,000 GF
FY2021 0.00 FY2022 3.00 FTE

Page 123, line 44, strike "$40,302,309" and insert "$41,702,309".

Page 125, after line 4 insert:

"M. Out of the amounts in this item, $1,400,000 the second year from the general fund is provided to support implementation of Virginia's International Trade Plan. Out of the amounts provided in this paragraph, $570,000 shall be used to support Virginia businesses with supply chain security and $330,000 shall be used to increase Virginia's capacity to pull down federal trade funding. The remaining funds shall be used to expand current trade programs managed by the Partnership including the Virginia Leaders in Export Trade program."


(This amendment provides support for Virginia's International Trade Plan (ITP), totaling $1.4 million in the second year from the general fund. The ITP was developed by VEDP's Advisory Committee on International Trade.)