2022 Session

Budget Amendments - SB30 (Floor Approved)

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Virginia Business Ready Sites Program (language only)

Item 125 #6s

Item 125 #6s

Commerce and Trade
Virginia Economic Development Partnership


Page 109, strike line 45 to line 47 and insert:

"K. Out of the amounts in this Item, $5,562,500 the first year and $5,562,500 the second year from the general fund is provided for the Virginia Economic Development Partnership to administer a comprehensive site development program that administers, characterizes, inventories, develops, markets and deploys economic sites in the Commonwealth, including expanding business investment and directly related activities to support attraction of site-intensive target sector projects."


(This amendment expands the ability of the Virginia Economic Development Partnership to use base site characterization funding for administration and marketing of business-ready sites. Separate amendments provide a total of $150.0 million over three years for the Virginia Business Ready Sites Program.)