Economic Development Incentive Payments (312)
Request Title | Adjust Amazon HQ2 Advance Payments (101 #2c) |
Biennium | 2024-2026 |
Budget Round | Amended Bill |
Half Sheet Number | 101 #2c |
Description
This amendment consolidates funding in the first year and reduces the proposed advance deposits to the Major Headquarters Workforce Grant Fund by $13.8 million. With a deposit of $28.7 million the first year combined with previous appropriations, $152.7 million will be available for payments to Amazon starting in fiscal year 2027. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
534 | Economic Development Services | $7,450,000 | ($21,250,000) | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
01000 | General Fund | $7,450,000 | ($21,250,000) |
Authorized Position Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-21-2025 11:25:41