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2021 Special Session I

Budget Amendments - SB1100 (Committee Approved)

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Tourism Promotion Grants (SB 1398)

Item 134 #2s

Item 134 #2s

First Year - FY2021 Second Year - FY2022
Commerce and Trade
Virginia Tourism Authority FY2021 $0 FY2022 $2,140,000 GF

Language
Page 126, line 39, strike "$21,093,272" and insert "$23,233,272".

Page 128, after line 20, insert:

"M. Out of the amounts in this Item, $2,140,000 the second year from the general fund is provided for grants to promote tourism in accordance with the provisions of Senate Bill 1398, as enacted during the 2021 Regular Session of the General Assembly."



Explanation

(This amendment provides $2,140,000 the second year from the general fund for grants to promote tourism pursuant to SB 1398. This is the amount of estimated GF revenue raised by sales tax imposed on accommodations fees.)