2005 Session

Budget Amendments - SB700 (Committee Approved)

JMU - NGF Blanket Authorization (language only)

Item C-34.40 #1s

Item C-34.40 #1s

Education: Higher Education
James Madison University

Page 496, after line 35, insert:
Higher Education Operating....a sum sufficient.
This blanket authorization provides a sum sufficient nongeneral fund appropriation  for projects initiated under Section 4-4.01 o.3. of this Act."

"C-34.40 Nongeneral Fund Capital Outlay Blanket Authorization

(This amendment establishes a sum sufficient nongeneral fund appropriation under which institutions can initiate "unforeseen" capital projects without first seeking approval from the General Assembly. A companion amendment, Item 4-4.01 #2s, sets forth the conditions under which the institution can use this appropriation. This language is the result of work by the joint subcommittee studying the relationship between the state and its higher education institutions and is contingent upon the passage of Senate Bill 1327.)