Menu

State Budget

2024 Session

Budget Amendments - HB29 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Hayes
Community Development Financial Institutions Fund

Item 115 #1h

Item 115 #1h

 First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 $0 FY2024 $3,500,000 GF

Language
Page 24, line 54, strike "$151,560,442" and insert "$155,060,442".

Page 24, after 54, Set out Item 115, and strike:

"Q. Out of this appropriation, $1,500,000 the second year from the general fund is provided for the Community Development Financial Institutions Fund, as established by § 36-140.01, Code of Virginia." and insert:

"Q. Out of this appropriation, $5,000,000 the second year from the general fund is provided for the Community Development Financial Institutions Fund, as established by § 36-140.01, Code of Virginia."

Explanation

(This amendment provides an additional $3.5 million for the Community Development Financial Institutions Fund in fiscal year 2024.)

The Budget Process

Amendment Resources

Committee Resources

  • Committee Website HAC | SFAC 
  • Legislation in Committee HAC | SFAC 

Budget Resources

virginia general assembly seal