2018 Session

Budget Bill - SB30 (Introduced)

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Secretary of Veterans and Defense Affairs

Item 464

Item 464

First Year - FY2019Second Year - FY2020
Economic Development Services (53400)$600,000$600,000
Financial Assistance for Economic Development (53410)FY2019 $600,000FY2020 $600,000
Fund Sources:  
GeneralFY2019 $600,000FY2020 $600,000

A.The provisions of Item 467 A.2., Chapter 836, 2017 Acts of Assembly, shall remain in effect.

B. Included in this appropriation is $600,000 in the first year and $600,000 in the second year from the general fund to support the recommendations of the Governor's Commission on Military Installations and Defense Activities.

C. The Secretary of Veterans and Defense Affairs may submit project requests that improve, expand, develop, or redevelop a federal or state military installation or its supporting infrastructure, to enhance its military value to the MEI Project Approval Commission established pursuant to § 30-309, Code of Virginia. The Commission shall recommend approval or denial of such packages to the General Assembly. The authority of the Commission to consider and evaluate such projects shall be in addition to the authorities provided to the MEI Project Approval Commission and § 30-310, Code of Virginia.