Technology Fee CVC

Item 178 #1c

Language
Page 135, line 23, strike "$11,499,124" and insert "$11,595,680".
Page 135, line 23, strike "$12,080,404" and insert "$12,179,773".
Page 136, after line 3, insert:
"C.  This appropriation authorizes Clinch Valley College to charge students a technology service fee in conformity with §4-2.01c. of this act.  This appropriation  includes $96,556 the first year and $99,369 the second year from nongeneral funds, the unexpended balance of which shall not revert to the general fund in any fiscal year but shall be carried forward on the books of the Department of Accounts and allotted for expenditure each July 1.  The Department of Planning and Budget shall allot technology fee revenues in excess of the amounts appropriated in this item provided that the revenues are not generated by resident undergraduate students and provided that such revenues reflect a fee that does not exceed three percent of the total of tuition and required fees charged in fiscal year 1998 to nonresident undergraduate students and three percent of the total of tuition and required fees charged in fiscal year 1998 to graduate and professional students."

Explanation
(This amendment provides authority to Clinch Valley College to charge students a technology fee.)