2003 Session

Budget Amendments - HB1400 (Committee Approved)

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$12.0 M Interest Rate Subsidy Program (language only)

Item 159 #1h

Item 159 #1h

Education: Elementary and Secondary
Direct Aid To Public Education

Page 165, line 20, unstrike "and $20,000,000 the second year".
Page 165, line 20, strike "$20,000,000" and insert "$12,000,000".

(This amendment restores $12.0 million for a Virginia Public School Authority interest rate subsidy program. Funding for a $20.0 million program had been eliminated in the introduced budget. The funding is partially restored through funding from the global settlement, from the passage of several House bills increasing Literary Fund revenue, and from amendments in items 32, 33, 34 and 35).