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Decision Package
Virginia Economic Development Partnership (310)
Request Title Provide funding for the Virginia Coalfield Economic Development Authority
Biennium 2014-2016
Budget Round Amended Bill
Category None
Region None
Description

Provides $1.2 million in general fund support for the Virginia Coalfield Economic Development Authority in 2016. Legislation to be considered by the 2015 General Assembly will limit the amount of the Coalfield Employment Enhancement Tax Credit that can be claimed on any tax return. As a result, general fund support is provided for the Authority. This funding is contingent upon the enactment of such legislation.

Funding Summary
Object Type FY 2014 FY 2015  
General Fund Dollars $0 $1,200,000  
Nongeneral Fund Dollars $0 $0  
General Fund Positions 0.00 0.00  
Nongeneral Positions 0.00 0.00  
General Fund Transfers $0 $0  
General Fund Revenue $0 $0  
Layoffs $0 $0  
Additions to Balance $0 $0  
Funding Details
By Program Program Code Program Title FY 2014 FY 2015
  534 Economic Development Services $0 $1,200,000
By Fund Fund Code Fund Title FY 2014 FY 2015
  0100 General Fund $0 $1,200,000
Authorized Position Details
By Program Program Code Program Title FY 2014 FY 2015


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 02:04:06