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Decision Package
Virginia Innovation Partnership Authority (309)
Request Title Add rent to base appropriation
Biennium 2020-2022
Budget Round Amended Bill
Category Other spending or initiatives
Region Multiple Regions
Description

Establishes a base appropriation for rent. Previously, the Innovation and Entrepreneurship Authority, which was replaced by the Authority in accordance with legislation adopted during the 2020 Session, operated rent-free at a location designated by the General Assembly. This property has been sold.

Funding Summary
Object Type FY 2020 FY 2021  
General Fund Dollars $0 $750,000  
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 2020 FY 2021
  534 Economic Development Services $0 $750,000
By Fund Fund Code Fund Title FY 2020 FY 2021
  01000 General Fund $0 $750,000
Authorized Position Details
By Program Program Code Program Title FY 2020 FY 2021


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 18:49:15