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2010 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Edwards
VCCS - Create Scholarship Match Program

Item 204 #1s

Item 204 #1s

First Year - FY2011 Second Year - FY2012
Education: Higher Education
Virginia Community College System FY2011 $5,000,000 FY2012 $5,000,000 GF

Language
Page 138, line 29, strike "$316,625,660" and insert "$321,625,660".
Page 138, line 29, strike "$316,625,660" and insert "$321,625,660".
Page 138, after line 39, insert:
"B.  Out of this appropriation, up to $5.0 million GF the first year and $5.0 million GF the second year from the general fund is designated for the Community College Scholarship Match Program.  Funds may be paid on the basis of one dollar of state general fund appropriation for every dollar donated by private individuals, foundations, or corporations beginning on July 1, 2010 up to the yearly maximum of $5.0 million GF."


Explanation
(This amendment provides a maximum of $5.0 million GF in each year of the biennum to create a Community College Scholarship Match program.)