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Decision Package
Innovation and Entrepreneurship Investment Authority (934)
Request Title Eliminate the Innovation and Entrepreneurship Investment Authority
Biennium 2020-2022
Budget Round Initial Bill
Category Unanticipated and unavoidable cost adjustments
Region None
Description

Eliminates the Innovation and Entrepreneurship Investment Authority and transfers the associated appropriation to the Virginia Innovation Partnership Authority, a new authority to be established in legislation to be considered during the 2020 legislative session.

Funding Summary
Object Type FY 2020 FY 2021  
General Fund Dollars ($11,335,381) ($11,335,381)  
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 ($11,335,381) ($11,335,381)
By Fund Fund Code Fund Title FY 2020 FY 2021
  01000 General Fund ($11,335,381) ($11,335,381)
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 11:16:43