2000 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Whipple
GMU State Support for Krasnow Institute

Item 179 #4s

Item 179 #4s

First Year - FY2001 Second Year - FY2002
Education: Higher Education
George Mason University FY2001 $475,000 FY2002 $475,000 GF

Page 154, line 19, strike "$185,331,805" and insert "$185,806,805".
Page 154, line 19, strike "$193,748,231" and insert "$194,223,231".

(This amendment provides funds for the Commonwealth to assume debt service and maintenance costs of a facility which houses the Krasnow Institute, an advanced research center at George Mason University. The facility, which is owned by GMU, was funded with 20-year 9(d) debt, with debt service to be paid through a private gift from the Krasnow estate. By assuming the costs of the facility, the private funds could be freed to support research.)