2022 Session

Budget Amendments - SB30 (Floor Approved)

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Blue Star: Virginia Talent Accelerator

Item 113 #1s

Item 113 #1s

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Economic Development Incentive Payments FY2023 $560,000 FY2024 $735,000 GF

Page 93, line 24, strike "$99,583,083" and insert "$100,143,083".
Page 93, line 24, strike "$100,697,290" and insert "$101,432,290".

Page 95, after line 47, insert:

"P. Out of the amounts in this Item, $560,000 the first year and $735,000 the second year from the general fund shall be provided to the Virginia Economic Development Partnership Authority for supplemental funding for expenses related to the provision of recruitment and training services through the Authority's Virginia Talent Accelerator Program for the benefit of the operators of a nitrile butadiene rubber production plant and a medical-grade glove manufacturing facility slated for development in Progress Park in the County of Wythe.  These services will support the recruitment and training for up to 2,464 new jobs, through 2026.  These services are in addition to the services that the Authority expects to provide through the Virginia Talent Accelerator Program to other businesses around the Commonwealth, as funded through Item 125 J."


(This amendment provides $1.3 million GF over the biennium to the Virginia Talent Accelerator Program to establish a nitrile glove manufacturing training program as part of the incentive package for Blue Star approved by the MEI Commission in December 2021. A companion amendment to SB 29 is also proposed that would provide an additional $1.4 million GF in the current biennium.)