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2000 Session

Budget Bill - SB30 (Introduced)

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Department of Housing and Community Development

Item 108

Item 108

First Year - FY2001Second Year - FY2002
Industrial Development Services (53400)$2,200,000$2,200,000
Financial Assistance for Industrial Development (53410)FY2001 $2,200,000FY2002 $2,200,000
Fund Sources:  
GeneralFY2001 $2,200,000FY2002 $2,200,000

Authority: Title 59.1, Chapter 22, Code of Virginia.


This Item includes $2,200,000 the first year and $2,200,000 the second year from the general fund to carry out the provisions of §§ 59.1-282.2 and 59.1-282.3, Code of Virginia, related to the Enterprise Zone Act. Should actual grants to be awarded in each fiscal year be less than the above amounts, the excess shall revert to the general fund on June 30, 2001 and June 30, 2002.