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2002 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Putney
Uva Med Interest Earnings (language only)

Item 3-1.01 #26h

Item 3-1.01 #26h

Transfers
Interfund Transfers

Language
Page 419, after line 24, insert:
"AA. Contingent upon passage of House Bill 200 by the General Assembly, and as such bill becomes law, the State Comptroller shall transfer to the general fund, on or before June 30, 2003 and on or before June 30, 2004, from the University of Virginia Medical Center the actual amount of interest earned by the investment of the University of Virginia Medical Center's nongeneral operating cash balances pursuant to § 23-77.4.C., Code of Virginia, or $4,400,000, whichever is less."


Explanation
(This amendment is a companion amendment to Item 219.)