2022 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Stanley
Fund Costs Associated with a Universal Regulatory Program

Item 485 #1s

Item 485 #1s

First Year - FY2023 Second Year - FY2024
Central Appropriations
Central Appropriations FY2023 $255,000 FY2024 $255,000 GF

Page 505, line 5, strike "$9,203,000" and insert "$9,458,000".
Page 505, line 5, strike "$110,101,901" and insert "$110,356,901".


(This amendment provides $255,000 GF each year to fund the costs associated with legislation to be considered by the 2022 General Assembly, contingent upon its final passage, that will create the agency infrastructure to administer the Virginia Regulatory Sandbox Program, which allows for developing business technologies to be tested in a test market under agency supervision in order to determine their use in the broader market and to inform the legislature of what regulations are inhibiting innovations in the market.)