CWM - Research Funding

Item 158 #1c

Language
Page 168, line 35, strike "$31,946,609" and insert "$31,821,609".
Page 168, line 35, strike "$31,746,609" and insert "$31,821,609".
Page 168, strike lines 42 through 50 and insert:
"A. Out of this appropriation, $75,000 each year from the general fund and $400,000 each year from nongeneral funds is designated to build research capacity in biomedical research and biomaterials engineering.
B. The College of William and Mary shall report on the use of these funds and progress made under this initiative to the Chairmen of the House Appropriations and Senate Finance Committees by October 1, 2008.  The report shall include, but not be limited to: 1) how the funds were used, 2) the amount of federal and private funds that were leveraged, 3) collaborative efforts in support of private industry, 4) the number of junior and senior faculty recruited in each field, 5) the amount of federal or other grant funds received as the result of those recruitments, 6) additional grants or contracts being pursued, 7) the level of instructional activity conducted by these faculty, 8) the impact of research activities on undergraduate instruction, 9) the use of graduate student aid funds, and 10) recommendations for future investment."
Page 168, line 51, strike "B." and insert "C."

Explanation
(This amendment continues the legislative research initiative.)