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1999 Session

Budget Amendments - HB1450 (Member Request)

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Chief Patron: Diamonstein
Fully Fund Eminent Scholars

Item 159 #1h

Item 159 #1h

First Year - FY1999 Second Year - FY2000
Education: Higher Education
State Council of Higher Education for Virginia FY1999 $0 FY2000 $6,800,000 GF

Language
Page 153, line 39, strike "$8,560,167" and insert "$15,360,167".
Page 154, line 2, strike "$7,196,960" and insert "$13,996,960".


Explanation
(This amendment provides $6.8 million from the general fund in the second year to match on a dollar for dollar basis private contributions toward the cost of recruiting and retaining outstanding faculty at the public colleges and universities through the "Eminent Scholars" program. Currently, the program is about 50 percent funded.)