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