1996 Session

Budget Bill - HB30 (Introduced)

Department of Economic Development

Item 97

Item 97

First Year - FY1997Second Year - FY1998
Industrial Development Services (53400)$13,885,096$16,009,095
Community and Business Assistance (53401)FY1997 $4,652,429FY1998 $4,562,428
Industrial Employee Training (53403)FY1997 $9,232,667FY1998 $11,446,667
Fund Sources:  
GeneralFY1997 $11,609,243FY1998 $13,733,242
SpecialFY1997 $315,750FY1998 $315,750
Dedicated Special RevenueFY1997 $100,000FY1998 $100,000
Federal TrustFY1997 $1,860,103FY1998 $1,860,103

Authority: Title 2.1, Chapter 32.1, Code of Virginia, and Discretionary Inclusion.

Notwithstanding the provisions of the Workforce Transition Act of 1995, any employee who transfers from the Department of Economic Development to the Virginia Economic Development Partnership shall not be considered to be involuntarily separated from State service and therefore shall not be eligible for the severance benefits conferred by that act.