2003 Session

Budget Amendments - HB1400 (Committee Approved)

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Eminent Scholars

Item 165 #1h

Item 165 #1h

First Year - FY2003 Second Year - FY2004
Education: Higher Education
State Council of Higher Education for Virginia FY2003 $0 FY2004 ($3,200,000) GF

Page 170, line 38, strike "$7,175,065" and insert "$3,975,065".
Page 171, line 11, after "2." insert "a."
Page 171, after line 15, insert:
"b. In the making recommendations for the distribution funds from the Eminent Scholars program, the State Council of Higher Education shall:
(1) not reduce the amounts provided to any institution with a 2002-03 allocation less than $100,000;
(2) ensure that no allocation results in more than 25 percent of the funds in this program being designated for any one institution."

(This amendment reduces amounts for the Eminent Scholar program in fiscal year 2004 and provides criteria for the distribution of those reductions.)