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1997 Session

Budget Amendments - HB1600 (Committee Approved)

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Trigon Admin Costs

Item 158 #4h

Item 158 #4h

First Year - FY1997 Second Year - FY1998
Education: Higher Education
State Council of Higher Education for Virginia FY1997 $0 FY1998 $15,000 GF
FY1997 $0 FY1998 $25,000 NGF

Language
Page 130, line 34, strike "$6,101,758" and insert "$6,141,758".


Explanation
(This amendment provides funds for administrative costs of the State Council of Higher Education as it performs ministerial services for the Commonwealth Health Research Fund which was created by House Bill 2581 and established with the proceeds of the stock the Commonwealth will receive as the result of Trigon Blue Cross-Blue Shield becoming a public stock corporation. The nongeneral funds will be generated by the interest yield on the invested proceeds.)