Economic Development Incentive Payments (312)
| Request Title | Adjust Amazon HQ2 Advance Payments |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Half Sheet Number | 101 #6c |
Description
|
This amendment reduces proposed advance deposits to the Major Headquarters Workforce Grant Fund by $21.3 million each year. With a deposit of $42.5 million from the general fund over the biennium combined with previous appropriations, $163.0 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 | ($21,250,000) | ($21,250,000) | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | ($21,250,000) | ($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 - 06-07-2025 11:34:54
