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2026 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Carroll Foy
Talent Capital Initiative Support

Item 357 #5s

Item 357 #5s

First Year - FY2027 Second Year - FY2028
Labor
Department of Workforce Development and Advancement FY2027 $200,000 FY2028 $0 GF

Language
Page 434, line 41, strike "$47,153,983" and insert "$47,353,983".

Page 435, after line 19, insert:

"E. Out of this appropriation, $200,000 the first year from the general fund is provided for the Metropolitan Washington Council of Governments as Virginia's contribution to maintain and buildout the Talent Capital Initiative.  The funding is contingent on the District of Columbia and Maryland committing a like amount to maintain this initiative through the end of calendar year 2027."  



Explanation

(This amendment provides $200,000 GF the first year to the Metropolitan Washington Council of Governments as Virginia’s share (with the District of Columbia and Maryland also supporting) to maintain and buildout the Talent Capital Initiative, which was established in 2025 to support both jobseekers and employers across Virginia, the District of Columbia, and Maryland with a particular focus on workers navigating transition, including displaced federal employees and contractors.)