248#1c (SWHEC) Southside Loan Program. HB1650 - Conference Report

State Budget

2007 Session

Budget Amendments - HB1650 (Conference Report)

Bill Order » Item 248 #1c

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Southside Loan Program

Item 248 #1c

Item 248 #1c	First Year - FY2007	Second Year - FY2008
Education: Higher Education
Southwest Virginia Higher Education Center	FY2007 $0	FY2008 $2,800,000	NGF

Language
Page 252, line 46, strike "$3,529,778" and insert "$6,329,778".

Explanation
(This amendment provides nongeneral fund authority to reinstate the Southside Loan Program which will continue to be administered by the Southwest Virginia Higher Education Center.)

Item 248

Item 248	First Year - FY2007	Second Year - FY2008
Administrative and Support Services (19900)	$6,309,007	~~$6,329,778~~ $3,529,778
Operation of Higher Education Centers (19931)	FY2007 $6,309,007	FY2008 ~~$6,329,778~~ $3,529,778
Fund Sources:
General	FY2007 $2,015,067	FY2008 $2,015,838
Special	FY2007 $4,293,940	FY2008 ~~$4,313,940~~ $1,513,940

Authority: Title 23, Chapter 16.1, Code of Virginia.

Out of this appropriation, $3,800,000 the first year and $3,800,000 the second year in nongeneral funds is designated to support scholarships provided by the Virginia Tobacco Commission in Southside and Southwest Virginia.