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2001 Session

Budget Amendments - HB1600 (Committee Approved)

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Adjust Funding for Technology Research Fund

Item 548 #1h

Item 548 #1h

First Year - FY2001 Second Year - FY2002
Central Appropriations
Central Appropriations FY2001 $0 FY2002 ($3,000,000) GF
FY2001 $0 FY2002 ($3,000,000) NGF

Language
Page 482, line 10, strike "$31,300,000" and insert "$25,300,000".
Page 486, line 16, strike "$13,000,000" and insert "$10,000,000".
Page 486, line 17, strike "$13,000,000" and insert "$10,000,000".


Explanation
(This amendment reduces the general fund appropriation for the Commonwealth Technology Research Fund from $13.0 million to $10.0 million. There is a corresponding decrease in matching nongeneral funds. The purpose of the fund is to attract research funding for Virginia's colleges and universities. It was created in the 2000 Session and funded only in the second year of the biennium.)