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2024 Session

Budget Amendments - HB30 (Conference Report)

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Redirect Resources for the Virginia Power Innovation Fund

Item 110 #1c

Item 110 #1c

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Energy FY2025 ($6,000,000) FY2026 $0 GF

Language
Page 108, line 15, strike "$11,866,474" and insert "$5,866,474".

Page 108, strike lines 21 through 22.



Explanation

(This amendment redirects $6.0 million from the general fund provided in House Bill 30 for the Virginia Power Innovation Fund to other initiatives. The General Assembly capitalized this Fund with $4.0 million in Chapter 1, Acts of Assembly, 2023 Special Session I.)