2024 Session

Budget Amendments - HB30 (Floor Approved)

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Innovative Framework Funding

Item 113 #1h

Item 113 #1h

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Virginia Economic Development Partnership FY2025 ($750,000) FY2026 ($750,000) GF

Page 111, line 6, strike "$54,201,862" and insert "$53,451,862".
Page 111, line 6, strike "$54,701,862" and insert "$53,951,862".

Page 113, after line 3, insert:

"Q. Out of this appropriation, $1,250,000 the first year and $1,500,000 the second year from the general fund is provided to support reorganizing economic development services at the authority."


(This amendment provides $1.8 million over the biennium to support the Virginia Economic Development Partnership Authority's launch of the Virginia Innovative Framework.)