2004 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Putney
UVA - Repair Reserve Lang (language only)

Item 213 #4h

Item 213 #4h

Education: Higher Education
University of Virginia

Page 164, line 55, strike "Such" and insert "Annual contributions to such".
Page 164, line 56, strike "two" and insert "three".
Page 164, line 58, after "revenues", insert "for which such reserves are established"
Page 165, after line 9, insert:
"4. The Comptroller of Virginia shall credit, on a monthly basis, to the special reserve account fund detail for such reserve funds, the imputed interest earned by the investment of such reserve balances on deposit with the State Treasurer."

(This amendment is self-explanatory.)