217#1h (CNU) Maintenance Reserve Transfer. HB30 - Committee Approved

State Budget

1998 Session

Budget Amendments - HB30 (Committee Approved)

Bill Order » Item 217 #1h

Maintenance Reserve Transfer

Item 217 #1h

Item 217 #1h	First Year - FY1999	Second Year - FY2000
Education: Higher Education
Christopher Newport University	FY1999 ($131,361)	FY2000 ($131,361)	GF

Language
Page 158, line 44, after "227" strike the remainder of the line through line 49 and insert "Omitted".

Explanation
(This amendment eliminates the proposal in House Bill 30 to transfer maintenance reserve funding to the operating budgets of higher education institutions. A companion amendment to Item C-1 restores funds for the program to the capital outlay section of the budget bill.)

Item 217

Item 217	First Year - FY1999	Second Year - FY2000
Deferred Maintenance (73900)	$198,088	$198,088
Fund Sources:
General	FY1999 $198,088	FY2000 $198,088

This appropriation shall be transferred to the capital project code listed for Virginia Institute of Marine Science in Paragraph D of Item C-1 and shall be subject to the conditions stated in that item.