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2008 Session

Budget Amendments - HB30 (Conference Report)

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VCU - Research Funding

Item 210 #1c

Item 210 #1c

First Year - FY2009 Second Year - FY2010
Education: Higher Education
Virginia Commonwealth University FY2009 ($1,937,500) FY2010 $2,162,500 GF

Language
Page 197, line 19, strike "$243,002,652" and insert "$241,065,152".
Page 197, line 19, strike "$238,902,652" and insert "$241,065,152".
Page 197, strike lines 26 through 34 and insert:
"A. Out of this appropriation, $1,162,000 each year from the general fund and $6,600,000 from nongeneral funds each year is designated to build research capacity in the areas of biomedical engineering and regenerative medicine.
B. Virginia Commonwealth University 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.
C. Out of this appropriation, $1,000,000 each year from the general fund is designated for the support of cancer research."
Page 197, line 35, strike "B." and insert "D."


Explanation
(This amendment continues the legislative research initiative.)