2001 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Parrish
Virginia Semiconductor Educational Endowment

Item 124 #1h

Item 124 #1h

First Year - FY2001 Second Year - FY2002
Commerce and Trade
Virginia Economic Development Partnership FY2001 $0 FY2002 $2,947,810 GF

Page 104, line 25, strike "$32,006,393" and insert "$34,954,203".
Page 105, line 41, strike "E." and insert "E.1."
Page 105, after line 58, insert:
"2.  Out of the amounts for Industrial Development Services shall be provided $2,947,810 the second year from the general fund to continue the Virginia Semiconductor Educational Endowment's purpose of establishing a statewide comprehensive and in-depth undergraduate and master's microelectronics program.  Such funds shall be allocated in accordance with the July 1999 proposal approved by the Virginia Microelectronics Consortium."

(This amendment provides $2,947,810 the second year from the general fund to be distributed to the institutions of higher education receiving funds from the Virginia Semiconductor Educational Endowment. The participating schools include VCU, ODU, UVA, William and Mary, Virginia Tech, George Mason, and the Virginia Community College System.)