2004 Session

Budget Amendments - SB30 (Committee Approved)

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Increase HEETF Authorization for IALR (language only)

Item 270 #1s

Item 270 #1s

Education: Higher Education
Virginia College Building Authority

Page 201, lines 30 and 31, strike "$52,168,843" and insert "$53,668,843"
Page 202, line 4, strike "$500,000" in each year and insert "$2,000,000" in each year.

(This amendment increases the authorization for the Institute for Advanced Learning and Research in Danville to purchase $2 million annually in academic and research equipment through the Higher Education Equipment Trust Fund. A companion amendment in the Treasury Board provides the additional debt service required to support the lease payments on the $2 million annual authorization.)