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2022 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Scott D
Increase Funding for Industrial Revitalization Fund and Host Port Cities

Item 115 #4h

Item 115 #4h

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 $2,000,000 FY2024 $2,000,000 GF

Language
Page 97, line 53, strike "$138,480,442" and insert "$140,480,442".
Page 97, line 53, strike "$129,460,442" and insert "$131,460,442".

Page 99, line 37,strike "$3,000,000" and "$3,000,000" and insert:

"$5,000,000" and "$5,000,000".

Page 99, line 40, strike "$1,500,000" and "$1,500,000" and insert:

"$2,500,000" and "$2,500,000".



Explanation

(This amendment adds $4 million over the biennium from the general fund to the Industrial Revitalization Fund, and directs a portion of this increase to a sub-fund designed to support renewal projects around the Port of Virginia.)