2002 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Chichester
UVAMC Retain Interest on Balances (language only)

Item 3-1.01 #6s

Item 3-1.01 #6s

Interfund Transfers

Page 419, after line 24, insert:
"AA.  On on before June 30 of each year, the State Comptroller shall credit the University of Virginia Medical Center with the interest earned on funds in the general account, estimated at approximately $4,400,000 each year."

(This amendment allows the University of Virginia Medical Center to retain the interest earned on balances in the general account, consistent with SB 124.)