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96
#7
s
Commerce And Trade
FY 10-11
FY 11-12
Economic Development Incentive Payments
($100,000)
$100,000
$0
$0
GF
NGF
Language:
Page 53, line 8, strike "$100,000 the first year from the general fund" and insert:
"an amount estimated at $475,000 the first year from nongeneral funds".
Page 53, line 10, strike "In addition to these amounts, $375,000 in" and insert "These".
Explanation:
(This amendment increases the amounts projected from the digital media fee established pursuant to § 58.1-1731, Code of Virginia. It is estimated that the fee will generate $475,000 each year for the Motion Picture Opportunity Fund.)
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