Menu

State Budget

2012 Special Session I

Budget Amendments - HB1301 (Conference Report)

View Budget Item
View Budget Item amendments

VCSP - Allow Comprehensive Compensation Plan

Item 481 #2c

Item 481 #2c

 First Year - FY2013 Second Year - FY2014
Independent Agencies
Virginia College Savings Plan FY2013 $270,000 FY2014 $650,000 NGF

Language
Page 366, line 36, strike "$8,032,019" and insert "$8,302,019".
Page 366, line 36, strike "$8,046,777" and insert "$8,696,777".
Page 366, after line 39 insert:
"Out of the amounts appropriated for this item, $270,000 the first year and $650,000 the second year from nongeneral funds are designated for a comprehensive compensation plan to link pay to performance."

Explanation
(This amendment allows for the Virginia College Savings Plan to implement a comprehensive compensation plan to link pay to performance.)

The Budget Process

Amendment Resources

Committee Resources

  • Committee Website HAC | SFAC 
  • Legislation in Committee HAC | SFAC 

Budget Resources

virginia general assembly seal