551.50#1c (HETTF) Increases the estimated amount of sum sufficient appropriation. HB1600 - Conference Report

State Budget

1997 Session

Budget Amendments - HB1600 (Conference Report)

Bill Order » Item 551.50 #1c

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Increases the estimated amount of sum sufficient appropriation (language only)

Item 551.50 #1c

Item 551.50 #1c
Independent Agencies
Board of the Virginia Higher Education Tuition Trust Fund

Language
Page 372, line 16, strike "up to $2" and insert "estimated at $3,000,000".
Page 372, line 17, strike "million" and insert "each year".

Explanation
(This amendment provides the Virginia Higher Education Tuition Trust Fund the appropriation authority necessary to meet its projected level of expenditures.)

Item 551.50

Item 551.50	First Year - FY1997	Second Year - FY1998
Investment, Trust, and Insurance Services (72500)	sum sufficient
Fund Sources:

Authority: Title 23, Chapter 4.9, Code of Virginia.

There is hereby appropriated to the Virginia Higher Education Tuition Trust Fund a sum sufficient up to $2 million, to be funded from the nongeneral fund sources specified in § 23-38.76 of the Code.