Economic Development Incentive Payments (312)
| Request Title | 2023 Special Session I Amendments: Remediation Incentive for Sale of Central Virginia Training Center |
| Biennium | 2022-2024 |
| Budget Round | Amended Bill |
| Half Sheet Number | 113 #5 |
Description
|
This amendment provides up to $6.0 million from the general fund in fiscal year 2024 as an incentive payment to the purchaser of the Central Virginia Training Center property in Madison Heights, Virginia. The incentive payment will be made following remediation and debris removal from the property. |
Funding Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
| 534 | Economic Development Services | $0 | $6,000,000 | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | $0 | $6,000,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 00:36:50
