2006 Special Session I

Budget Amendments - HB5002 (Committee Approved)

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House Research ODU

Item 180 #1h

Item 180 #1h

First Year - FY2007 Second Year - FY2008
Education: Higher Education
Old Dominion University FY2007 $4,500,000 FY2008 $4,500,000 GF
FY2007 $4,500,000 FY2008 $4,500,000 NGF

Page 164, line 22, strike "$8,917,163" and insert "$17,917,163".
Page 164, line 22, strike "$8,917,163" and insert "$17,917,163".
Page 164, line 22, strike "a sum sufficient, estimate at".
Page 164, after line 26, insert:
"A. Out of this appropriation, $4,500,000 from the general fund and $4,500,000 from nongeneral funds each year is designated to build research capacity in modeling and simulation which shall include efforts to improve traffic management through modeling.
B. Old Dominion University shall report to the Virginia Academic Research Corporation created under House Bill 935 on the use of these funds.  The Virginia Academic Research Corporation and Old Dominion University shall report progress made under this initiative to the Chairman of the House Appropriations and Senate Finance Committees by October 1, 2007.  The report shall include how the funds were used, the amount of federal and private funds that were leveraged, collaborative efforts in support of private industry, and recommendations for future investment."

(This amendment provides general fund to support modeling and simulation research efforts at the university as part of the House Research Initiative. Funding will allow the college to leverage funding from federal and private sources. A companion amendment is found under item 250.)